Is export the best solution for smooth economy? Should America for example go for more export and less import as the magical economic remedy? This audiobook discusses these questions and try to find the best answer for it.
This audiobook discusses currency flotation: what is it? It introduces some of currency flotation features! This audiobook tries to find an answer to why currency flotation by comparing both fixed exchange rate system and the floating exchange rate system, then it discusses their advantages and disadvantages, also this audiobook introduces the relationship between export and currency fluctuations.
This audiobook discusses the advantages and disadvantages of inflation and the relationship between inflation rate and interest rate, it also explains how to limit inflation. Finally, this audiobook introduces a closed loop automatic control system on inflation rate! This automatic control system on inflation rate is an economic theory called “Inflation Rate Control Loop” theory. This theory introduces an alternative way for devaluation of currency to increase inflation rate, which is important for Euro zone!
This audiobook explains this theory, the obstacles that are faced while applying it to an economic system and how to overcome such obstacles in a short description. This audiobook talks about this theory's benefits in short description too.
Finally, I wish someone finds this audiobook useful! Especially “Inflation Rate Control Loop” theory.