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Forex Videos 93 videos

Finance: What is a strong dollar?
3 Views

A strong dollar is one that has earned trust on an international scale. It reflects a reliable currency...at least, more reliable than that of othe...

Finance: Are monopolies evil? Should they be regulated? Should they be illegal?
28 Views

Are monopolies evil? Should they be regulated? Should they be illegal? Monopolies in and of themselves, are neither good nor evil. How they conduct...

Finance: What is a Yankee Bond?
36 Views

What's a yankee bond, and does it stick a feather in its cap and call it macaroni?

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Finance: What is a Yankee Bond? 36 Views


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Description:

What's a yankee bond, and does it stick a feather in its cap and call it macaroni?

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English Language

Transcript

00:00

Finance allah shmoop what is a yankee bond We're safe

00:08

We're sound we're saying at least that's how we look

00:11

financially when you know the u s has compared with

00:15

most of the rest of the world that's why a

00:17

bunch of countries issue their own bonds denominated in u

00:22

s dollars you know countries like panama el salvador micronesia

00:27

and macron asia Well ours is ah hard currency and

00:30

that we don't or at least haven't historically created massive

00:34

ten percent a month inflation to deflate the value of

00:38

our own currency and well that would make it super

00:40

easy for our government to pay off its ludicrously high

00:44

death but we don't do that We respect the people

00:46

who loaned money to us including our own citizens So

00:49

we have a hard currency It just kind of stays

00:51

where it is Yes there's inflation Yes we raise the

00:53

rates a little bit here and there defended but generally

00:55

just kind of does its thing So we fight hard

00:58

to keep that trust that the rest of the world

01:00

often values more than well trust in their own governments

01:04

or at least their own government's ability to manage their

01:06

currency when they issue say argentinean bonds payable in u

01:11

s dollars Well then that's a yankee bond And we 00:01:14.819 --> [endTime] are the banker And well they are the yankee

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