Erin Purcell Maillet

[Erin Purcell Maillet @ebpurcel]

Via @nprnews: Lew Presses Beijing To Ease Exchange Rate Controls http://t.co/xs4Au8coE0

[Erin Purcell Maillet @ebpurcel]

Permanent income hypothesis is when people try to smooth consumption over time they will respond in terms of c #ec134

[Erin Purcell Maillet @ebpurcel]

The permanent income hypothesis is when people try to smooth out consumption over time they will respond in terms of C

[Erin Purcell Maillet @ebpurcel]

Congress passed the Employment Bill that conflicted with what happened at Bretton Woods #m4n

[Erin Purcell Maillet @ebpurcel]

Having so much fun!!! 🎉🎉🎉🎉🎉🎉 #m4n

[Erin Purcell Maillet @ebpurcel]

Europe's gold standard's a way of stabilizing value and restrict the gov from printing too much money this ended with the start of WWI #M4N

[Natalie Sill @nataliesillecon]

One of the 12 reserve banks is in Minneapolis #MNrepresent #m4n

[Erin Purcell Maillet @ebpurcel]

There was no lender of last resort in 1907 #M4N

[Erin Purcell Maillet @ebpurcel]

"The real currency of the world is trust" #m4n

[Erin Purcell Maillet @ebpurcel]

When money supply increases, interest rates falls, and aggregate demand shifts right. #ec134

[Tom Stone @Fedwards_Econ]

While any recession is bad, a decrease in the SRAS is worse as it increases the price level as the rate of unemployment increases #EC134

[Erin Purcell Maillet @ebpurcel]

Stagflation is when people lose jobs but price level continues to increase #ec134

[Erin Purcell Maillet @ebpurcel]

The long run aggregate supply curve increases with the discovery new natural resources like mineral deposits #ec134

[Natalie Sill @nataliesillecon]

Inflation is like a tax on holding money: it transfers your money to gov't, taking away your purchasing power and giving it to them #EC134

[Erin Purcell Maillet @ebpurcel]

Brazil's solution to hyperinflation #ec134 @nprnews: How Fake Money Saved Brazil http://t.co/W6qGWXoa4h

[Bobby Donohue @RJD_134]

It's the Fed's responsibility to ensure market health and control money supply #ec134

[Erin Purcell Maillet @ebpurcel]

Government can increase money supply by printing more money and introducing it into economy or gov. spends money and buys goods #ec134

[Erin Purcell Maillet @ebpurcel]

The island of Yap uses round rocks as currency #ec134

[Tom Stone @Fedwards_Econ]

How to make money: 1-buy a monkey 2-teach monkey to throw darts 3-buy the stocks the monkey's darts hit #EC134 #listentothemonkey

[Erin Purcell Maillet @ebpurcel]

One should avoid employer stock because he doesn't want to lose his job and his retirement portfolio at the same time. #EC134