
Interest rate ↓, savings ↓, but investment and spending ↑ → how does this impact the exchange rate, inflation and unemployment again?
Christ! I used to have all these economics basics down pat when I was in school. Now I just feel completely ignorant. Obviously I just memorized what I needed to know for the test rather than really learn. It's one of the reasons I ignore my investments and show no interest in financial news. I can't leave it all up to my partner either. The other day he told me that we should stay away from US investments due to 'quantitative easing'. I pretended to know what he was talking about, because I am after all a Business grad. WTF! This can't go on -- I'm almost 40. I fell like I've let parenting define my entire identity. Time to dig deep -- where's my Lipsey, Purvis, Steiner? New goal for 2011 D.
Christ! I used to have all these economics basics down pat when I was in school. Now I just feel completely ignorant. Obviously I just memorized what I needed to know for the test rather than really learn. It's one of the reasons I ignore my investments and show no interest in financial news. I can't leave it all up to my partner either. The other day he told me that we should stay away from US investments due to 'quantitative easing'. I pretended to know what he was talking about, because I am after all a Business grad. WTF! This can't go on -- I'm almost 40. I fell like I've let parenting define my entire identity. Time to dig deep -- where's my Lipsey, Purvis, Steiner? New goal for 2011 D.