By Calvin Miller
In this segment, Calvin Miller talks about what the forex market is and the names of some different currencies around the world.
He also discusses exchange rates and how a country’s currency can be improved or hurt depending on the government policy. He gives an example of the Weimar Republic of Germany and how endless printing of money eventually led to the demise of their government, their currency and helped the Nazi’s gain power.
Lastly, He discusses what it means when people say that the U.S. dollar is the reserve currency and what that responsibility entails.
Featured image by Calvin Miller.