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Intel - Economics
Jargon

"In God we trust.
All others we monitor."

• The cash reserve ratio is the minimum amount a bank must hold as a proportion of its deposits. Increasing the ratio inhibits a bank's ability to lend cash, and therefore can be used as a policy tool to affect the level of monetary supply.

• Policy introduced by Federal Reserve Chairman Paul Volcker 1978-1987
• See full report

• A current account deficit is made up of the sum of the trade deficit (imports greater than exports), plus the payment of interest on the foreign debt.

• Large consumer goods, such as dishwashers, cars, stoves.
• These require quite a bit of manufacturing
• They are typically purchased through financing

• Set up by Alexander Hamilton in the United States
• Set up by Carlos Pelletrini in Argentina