The government of the United States borrows money to meet its various financial obligations during periods of cash shortage. These include financing its operations, managing […]
Tag Archives: Markets
Explaining Banking: How Banks Earn Money?
There are different types of transactions transpiring within the realms of banking operations. Examples include saving and borrowing money, depositing and withdrawing money, buying and […]
Explainer: The Purpose of Central Banks
A central bank is a government institution responsible for managing the currency, monetary base or money supply, and interest rates within a country or state. […]
The Relationship Between Bonds And Stocks
Bonds and stocks are two of the most common types of assets and financial instruments that are issued by entities to raise capital and can […]
The Purpose of the European Union
The European Union or EU emerged as a political and economic union after the Second World War. It was the successor to the European Economic […]
OPEC Explained: Purpose, Importance, and Criticisms
The Organization of the Petroleum Exporting Countries or OPEC is an intergovernmental organization composed of 13 countries with proven oil reserves and the capacity to […]
Impacts of the Great Depression
The Great Depression or the Depression of the 1930s that started in the United States in 1929 and affected most countries of the world emerged […]
Economic Globalization: Advantages and Disadvantages
One of the three major dimensions of globalization, alongside political and cultural dimensions, is economic globalization. It represents the process involved in the accelerated cross-border […]
Explainer: Causes of Hyperinflation in Venezuela
The hyperinflation in Venezuela is one of the offshoots of a political and socioeconomic crisis that brewed under the presidency of Hugo Chávez and has […]
Mortgage-Backed Security: Explained
A mortgage-backed security or MBS is a type of security or financial instrument. To be more specific, it is an asset-backed security made up of […]