Us banking - PowerPoint PPT Presentation

Warmup

Warmup. Why does the dollar on the left have value, while the one on the right does not?. Money, Banking and Finance. Economics Unit IV. What functions does money have?. Medium of exchange – traded for goods and services Store of value – hold wealth in form of money until ready to use

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Global Financial Crisis: The Aftermath

Global Financial Crisis: The Aftermath. Kenneth Matziorinis, Ph.D., CMC Canbek Economics &amp; McGill University www.canbekeconomics.com. AHEPA, Ottawa, January 27, 2010. What Happened?. Low interest rates, high leverage and overconfidence led to the creation of bubbles which then burst.

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795 views • 23 slides

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