Monetary metamorphosis

Article Abstract:

The nature of money in developed global economies is changing from a symbol of value to a mere node on an informational network. Rather than being a form of value authorized by a single authority, money is part of the global economic network. International capital markets transact ten times the real economy, resulting in a monetary network not supervised by outside authorities. Traders use economic statistics as interpretations of value. Undeveloped countries, though, are at a disadvantage with little access such global networks.

International, Standards, Statistical Data Included, Management, Innovations, Economic aspects, International aspects, Information technology, Capital market, Capital markets, Electronic commerce, E-commerce, Money, Value (Economics)

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Swiss keep their von trapps shut

Article Abstract:

Switzerland is a land of natural beauty, cleanliness & hygiene, charming native animals and frozen dairy products. A visitor to Switzerland in the few days of arrival will be struck by its beauty, friendly Swiss bankers who are obsessive about hygiene but the streets are slippery, and one has to be careful.

Switzerland, Beliefs, opinions and attitudes, Description and travel, Bankers, James, David (American poet), Swiss, Swiss (European people)

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Seasonally adjusted

Article Abstract:

The reliability of economic forecasts and the behavior of economists are discussed.

Australia, Research and Development in the Social Sciences and Humanities, Economists, Analysis, Economic forecasting

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