http://www.10MinuteLessons.com en-us This work is licensed under a Creative Commons License - Attribution-NonCommercial-ShareAlike - http://creativecommons.org/licenses/by-nc-sa/2.0/ BusinessThe Wandering Economist scours the globe to bring you the answers to those important questions relating to the economy and monetary governance. Whether your question is of local interest or about the World Bank, he is here to help. Direct your questions to him at TenMinuteLessons.com 720 http://www.10MinuteLessons.com/expert/11/large.jpg http://www.10MinuteLessons.com 300 300 http://www.10minutelessons.com/widget_player.html?episode=1209 Jun 25, 2007 10:55:00 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=1209 http://www.10minutelessons.com/widget_player.html?episode=1209 Ed writes in to ask what is meant by the Velocity of Money. It is, as it seam, a measure of how fast money is moving through the economy, but how is it used? Lets explore. Business http://www.10minutelessons.com/widget_player.html?episode=1165 Jun 12, 2007 09:58:54 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=1165 http://www.10minutelessons.com/widget_player.html?episode=1165 A listener email raises questions about Inflation. How is it calculated, how does it effect us and what are deflation and stagflation? Business http://www.10minutelessons.com/widget_player.html?episode=1119 Jun 1, 2007 14:53:57 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=1119 http://www.10minutelessons.com/widget_player.html?episode=1119 Durning the past two weeks alone I have recieved more questions about tax plans than I have in the remainder of the past year. This can mean only one thing, a Presidential Election is on its way. Lets take a look at alternative tax plans including Flat Tax, Fair Tax and Negative Tax plans. Business http://www.10minutelessons.com/widget_player.html?episode=1049 May 15, 2007 16:32:02 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=1049 http://www.10minutelessons.com/widget_player.html?episode=1049 Carl asks for more information on the Bretton Woods Agreement. What was it, how did it shape out monetery policy and is is still in place? And how do the outcomes of wars change global monetery policy? Business http://www.10minutelessons.com/widget_player.html?episode=1019 May 6, 2007 11:03:09 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=1019 http://www.10minutelessons.com/widget_player.html?episode=1019 A student writes us today to ask wheter the biggest affects of the Kyoto Accord are Ecologic or Economic. It is quite a keen observation and one that is full of passion. Listen in to hear why the accord is more economy than ecology. Business http://www.10minutelessons.com/widget_player.html?episode=976 Apr 26, 2007 08:53:51 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=976 http://www.10minutelessons.com/widget_player.html?episode=976 An email comes in from a frequent listener asking what the Carry Trade is, how it works and how it impacts the economy. He goes on to ask what it means to have the Carry Trade un-wind. Business http://www.10minutelessons.com/widget_player.html?episode=944 Apr 19, 2007 11:48:36 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=944 http://www.10minutelessons.com/widget_player.html?episode=944 Linda emails us to ask what the differentce is in the Money Supply figures M1, M2 and M3 and how they effect her personally. Linda, thats what we are here for. Business http://www.10minutelessons.com/widget_player.html?episode=884 Apr 6, 2007 13:03:56 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=884 http://www.10minutelessons.com/widget_player.html?episode=884 Charles asks what is the purpose of the IMF (International Monetery Fund) and what are SDR's (Special Drawing Rights). Well Charles, I'll try to boil this down to something simple, like "The IMF is a Central Bank for Central Banks!" Business http://www.10minutelessons.com/widget_player.html?episode=845 Mar 29, 2007 11:59:59 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=845 http://www.10minutelessons.com/widget_player.html?episode=845 Regi emails us to ask some questions about the World Bank. Does it operate like a regular bank? Who can borrow from it and under what conditions? Does the World Bank charge interest? Lots of questions here Regi, lets get started! Business http://www.10minutelessons.com/widget_player.html?episode=597 Mar 21, 2007 08:33:45 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=597 http://www.10minutelessons.com/widget_player.html?episode=597 Rose, a frequent emailer, asks us today what the role of the World Trade organization is and whether it is a good thing or a bad thing. Well Rose, like many things in economics it depends on who you are and where you live. Lets talk about it. Business http://www.10minutelessons.com/widget_player.html?episode=598 Mar 13, 2007 00:10:00 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=598 http://www.10minutelessons.com/widget_player.html?episode=598 Within a day of our last episode on Hedge Funds, the mail began to roll in. The most common questions? What are Derivatives and how do they work? How are Derivatives used by Hedge Funds and how risky are they? Business http://www.10minutelessons.com/widget_player.html?episode=599 Mar 3, 2007 14:30:00 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=599 http://www.10minutelessons.com/widget_player.html?episode=599 Art sends us an email today asking us about Hedge Funds. He notes that they have been mentioned in the news frequently but no one explaines what they are. So he asks, What is a Hedge Fund? and a lot of other questions regarding them. Art, you're not alone out there in not understanding. We're here to help, listen in. Business http://www.10minutelessons.com/widget_player.html?episode=600 Feb 21, 2007 06:30:00 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=600 http://www.10minutelessons.com/widget_player.html?episode=600 Roger from Colorado Springs writes in with this question: "I've read a few articles recently that mention the term Peak Oil and they seem to contradict each other. One says we are running out of oil, the other says we have a 40 year supply. What exactly do they mean by Peak Oil and what does it have to do with the economy? I understand oil is important, but some of these guys write like its the end of the world and others seem to think its no big deal. Whose telling the truth?" Business http://www.10minutelessons.com/widget_player.html?episode=601 Feb 5, 2007 03:24:00 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=601 http://www.10minutelessons.com/widget_player.html?episode=601 Steven R. writes us asking "What is Fractional Reserve Banking and how does it work? I read an article that referred to it this week and I still don't understand it. It sounds like the banks are lending money that they don't really have, how can this be?" Well Steven, prepare to be awakened! Business http://www.10minutelessons.com/widget_player.html?episode=602 Jan 3, 2007 02:02:00 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=602 http://www.10minutelessons.com/widget_player.html?episode=602 I get asked "What is meant by fiat currency?" quite often. Usually it is during a discussion about inflation or a recessing economy. This lesson will take a look at fiat currency, its history and its effects. Business http://www.10minutelessons.com/widget_player.html?episode=603 Nov 27, 2006 19:59:33 -0500 expert11@10minutelessons.com http://www.10minutelessons.com/widget_player.html?episode=603 http://www.10minutelessons.com/widget_player.html?episode=603 David from Youngstown emails "A friend of mine told me that the Federal Reserve Bank was not owned by the United States Government. He says it is privately owned by a group of European bankers. I say he is wrong. Wandering Economist, Who is right?" Business