搜尋結果
There are two primary points. (1) The dollar is used in international trade more than any other currency, and (2) its “reserve” status is where money simply parks. The United States wants to eliminate cash so they can collect every penny they imagine is missing from their revenue expectations.
2017年3月26日 · The ERM Crisis of 1992/1993, made George Soros famous, yes, but it awakened international hedge fund traders to the currencies markets. Traders then turned to the peripheral markets – Russia next and then South East Asia, which saw its share market peak in January 1994 and bottom in September 1998 (56 months).
Inflated land values, speculation and wildcat banking contributed to the crisis, which became known as the “Hard Times of 1837-1843.”. New York banks suspended payments in gold on May 10th and financial panic ensued. At least 800 US banks suspended payment in gold and 618 banks failed before the year was out.
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