Natalie Sill

[Natalie Sill @nataliesillecon]

@InfinityWard hate word "multiplayer" last 2 weeks

[Natalie Sill @nataliesillecon]

@Activision what about the single mod?

[Natalie Sill @nataliesillecon]

"US Presses China on Exchange Rates" http://t.co/2DrhCMWazf #EC134

[Natalie Sill @nataliesillecon]

Purchasing power of the US dollar depends on 2 things: nominal exchange rate and relative prices #EC134

[Natalie Sill @nataliesillecon]

Fear in market quickly spread, so fed lowered rates #m4n

[Natalie Sill @nataliesillecon]

Fed aggressively raised rates in 1928, setting the stage for the stock market crash #m4n

[Natalie Sill @nataliesillecon]

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

[Natalie Sill @nataliesillecon]

When MS increases, r falls, causing AD to shift right. When MS decreases, r rises, causing AD to shift left. #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]

A shift in AS curve is caused by changes in labor, K or H, natural resources, and technology. #EC134

[Natalie Sill @nataliesillecon]

Emmanuel Farhi for John Bates Clark Award #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

[Natalie Sill @nataliesillecon]

Feds have the ability to control money supply: to increase, they buy gov't bonds, and to decrease, they sell gov't bonds #EC134

[Natalie Sill @nataliesillecon]

Banks create more money (not wealth) by making loans. This allows people to deposit the $ back into banks. The cycle begins again. #EC134

[Natalie Sill @nataliesillecon]

Three types of money: commodity money, commodity-backed money, and fiat money #EC134

[Natalie Sill @nataliesillecon]

A large proportion of your wealth is already in the real estate market if you own your own home. More beneficial to invest elsewhere #EC134

[Natalie Sill @nataliesillecon]

The Rule of 70 states that if something grows at r% per year, it will double in approximately 70/m years #EC134

[Erin Purcell Maillet @ebpurcel]

It is better to start saving for retirement early because of compound interest. #EC134

[Natalie Sill @nataliesillecon]

In a closed economy, NX will be 0 because the economy doesn't interact with other economies. US is mostly closed (85% = domestic) #EC134