Infos zum Thema currency

Sweden was - like any major economy in the world - hit hard by the financial crisis, the smaller Scandinavian country silently managed it's way to escape the trap. The author points out five major reasons (devaluation of it's currency, social welfare system, expierience from Sweden's 1990s banking crisis, ...) why the country dealt better with the crisis when some of the "leading economies".

Die ausufernde Verschuldung europäischer Staaten, aber auch in anderen Regionen der Welt lenkt den Blick zurück in die Wirtschaftsgeschichte. Im vergangenen Jahrhundert gab es in Deutschland zwei Währungskrisen von historischer Dimension: 1924 und 1945.

Expanding the use of local currencies offers the chance to properly deal with idiosyncratic local conditions without forcing distortions in the overall economy. Unlike the dollar, local currencies can beat the zero-rate bound, and so can offer needed monetary expansion without triggering dollar inflation.