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Erin Purcell Maillet
@ebpurcel
Joined February 2014
5
Following
3
Followers
28
Posts
Erin Purcell Maillet
@ebpurcel
about 12 years ago
Via
@nprnews
: Lew Presses Beijing To Ease Exchange Rate Controls http://t.co/xs4Au8coE0
Erin Purcell Maillet
@ebpurcel
about 12 years ago
Permanent income hypothesis is when people try to smooth consumption over time they will respond in terms of c
#ec134
Erin Purcell Maillet
@ebpurcel
about 12 years ago
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
about 12 years ago
Congress passed the Employment Bill that conflicted with what happened at Bretton Woods
#m4n
Erin Purcell Maillet
@ebpurcel
about 12 years ago
Having so much fun!!! ππππππ
#m4n
Erin Purcell Maillet
@ebpurcel
about 12 years ago
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
ebpurcel
Β retweeted
Natalie Sill
@nataliesillecon
about 12 years ago
One of the 12 reserve banks is in Minneapolis
#MNrepresent
#m4n
Erin Purcell Maillet
@ebpurcel
about 12 years ago
There was no lender of last resort in 1907
#M4N
Erin Purcell Maillet
@ebpurcel
about 12 years ago
"The real currency of the world is trust"
#m4n
Erin Purcell Maillet
@ebpurcel
about 12 years ago
When money supply increases, interest rates falls, and aggregate demand shifts right.
#ec134
ebpurcel
Β retweeted
Tom Stone
@Fedwards_Econ
about 12 years ago
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
about 12 years ago
Stagflation is when people lose jobs but price level continues to increase
#ec134
Erin Purcell Maillet
@ebpurcel
over 12 years ago
The long run aggregate supply curve increases with the discovery new natural resources like mineral deposits
#ec134
ebpurcel
Β retweeted
Natalie Sill
@nataliesillecon
over 12 years ago
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
over 12 years ago
Brazil's solution to hyperinflation
#ec134
@nprnews
: How Fake Money Saved Brazil http://t.co/W6qGWXoa4h
ebpurcel
Β retweeted
Bobby Donohue
@RJD_134
over 12 years ago
It's the Fed's responsibility to ensure market health and control money supply
#ec134
Erin Purcell Maillet
@ebpurcel
over 12 years ago
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
over 12 years ago
The island of Yap uses round rocks as currency
#ec134
ebpurcel
Β retweeted
Tom Stone
@Fedwards_Econ
over 12 years ago
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
over 12 years ago
One should avoid employer stock because he doesn't want to lose his job and his retirement portfolio at the same time.
#EC134
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