What happens when a currency is pegged to another?
I want to understand the implications and effects that occur when one currency is pegged or fixed to another currency. What are the economic consequences of such a pegging system?
What does inflation do to cash?
I want to understand the impact of inflation on cash. Specifically, how does inflation affect the value and purchasing power of cash over time?
What happens to gold when the dollar falls?
I'm wondering how gold is affected when the value of the dollar decreases. Specifically, what kind of impact does a falling dollar have on the price and demand for gold?
What are the disadvantages of free exchange rates?
I'm curious about the downsides of free exchange rates. I want to understand the potential negative impacts they might have on the economy, financial markets, or even individual consumers.