Synopsis Monetary policy is a powerful tool for manipulating the economy, its capacity is heightened by the floating exchange rate used in Australia since December 1983. Fiscal policy, the other major macroeconomic force is somewhat less effective in reaching the major goals of the government inc...

The Eurozone has brought an amount of benefits to the countries that have joined it. It is however significant that several of the most prosperous countries have not joined. There are both advantages and disadvantages to the issue, especially as they relate to other regions in the world. In Afric...

Money doesn't grow on trees. How often has one heard that cliche? But if horticulture cannot produce dollars and cents, then how is money created? One rather flip answer might be that money's value is created because the government 'says so.' Despite the sarcasm inherent in th...