Monetary policy
Posted by Stan
Money allowed people to buy and sell goods that had a money price. It is very beneficial for a country's currency to have physical characteristics, which makes it difficult to counterfeit, which will certainly contribute to the effectiveness of monetary policy.
Advantages and disadvantages of the financial system
Posted by Stan
Financial institutions are posting record growth, while credit to businesses and households has declined. After the crisis, one would expect regulators to introduce rules limiting the amount of risky trading that takes place in the shadow banking system