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11 Jun 09
Econbrowser: How Important Is China to World Growth?
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How Important Is China to World Growth?
This is a tough question to answer. But I can provide an answer of a mechanical sort. Consider how big the Chinese economy is, compared against the US, the Euro area and Japan.
28 Dec 08
Econbrowser: Federal Reserve balance sheet - how it works
Let me begin by reviewing some first principles of what the Fed is all about. How did the cash currently in your wallet get there?
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