Posted: April 20th, 2022

This is a graded discussion: 15 points possible due Apr 18

4/16/22, 6:24 AM Topic: Week 12 Discussion: Exchange rates and merged currency – Canvas – CSU

https://colostate.instructure.com/courses/138100/discussion_topics/1321514 1/3



This is a graded discussion: 15 points possible due Apr 18

54 54

For this week’s discussion post, we are going to talk about some trade-offs involving the adoption of different monetary policies—namely a floating exchange range, a pegged exchange rate or a merged currency—focusing on the impacts of printing local currency versus using a merged one.

In this video (https://www.youtube.com/watch?v=HOv1H4ht0XI)

Barry Eichengreen: Pegged exchange ratesBarry Eichengreen: Pegged exchange rates

Minimize Video

, Dr. Barry Eichengreen explains some of the problems associated with floating exchange rates, and what some countries do to try to avoid those problems. Particularly, he uses three historical examples of pegged or merged currency: the Golden Standard of the late 19th Century, the European Monetary System of the 1980s and 1990s, and the Euro. What are some of the benefits of using a pegged or merged currency, when compared to a floating exchange rate, and what are some of the problems identified by Professor Eichengreen? What are some of the ways through

12 Week 12 Discussion: Exchange rates and merged currency

Logout Close your browser to end your session. (http://www.acns.colostate.edu/single-sign-on-using- shibboleth/#1471272725675-5603b487-ebab)

Faisal Alzneidi

https://colostate.instructure.com/logout
http://www.acns.colostate.edu/single-sign-on-using-shibboleth/#1471272725675-5603b487-ebab
https://colostate.instructure.com/profile
4/16/22, 6:24 AM Topic: Week 12 Discussion: Exchange rates and merged currency – Canvas – CSU

https://colostate.instructure.com/courses/138100/discussion_topics/1321514 2/3

Search entries or author

which a country can alleviate the impacts of having a merged or hard pegged currency? Specifically, what are some of the characteristics of the Euro Zone that make it hard for countries to alleviate the impacts of an economic crisis? Finally, consider some communities in the United States that use their own local currency instead of the U.S. Dollar, like the Ithaca Hours (http://www.ithacahours.com/) (Ithaca, New York), the BerkShares (http://berkshares.org/) (Berkshires region, Massachusetts), and the Bay Buck (http://www.baybucks.org/) (Traverse City, Michigan). Given your knowledge of exchange rates and the benefits and problems of printing your own currency, do you think that those local policies make such communities economically stronger? Justify your answer.

You are then free to comment/agree/disagree with fellow classmates’ posts. If you do disagree, please make sure to clearly explain why, and provide all resources at the bottom of the post in APA/MLA formatting.

Important Read the prompt above carefully. Click on “Reply” to write or paste your answer. Longer answers may be easier to write and spellcheck in a Word document first. Your post should be at least 4 sentences long When you have finished entering your answer click on the “Submit” button. You should participate in the discussion board every week. Minimum requirement: You are expected to make your own post and comment on at least one other student’s post.

In your communication with other students, please: Expand on or clarify an important point. Offer an additional argument to support a position taken in an answer. Suggest ways in which an idea could be more clearly expressed. Identify passages where you think the writer misunderstood a concept or applied it incorrectly. Disagree with a point or position made in an answer.

If you disagree with the views of another student, please: Be constructive and respectful. Politely critique a position on an issue, but not the person. Avoid sarcasm, swearing, or language that would be considered rude or argumentative. State precisely the point you disagree with. Offer reasons why you think their view is incorrect and support your position by citing the text or other sources.

Unread  

http://www.ithacahours.com/

Home

http://www.baybucks.org/
4/16/22, 6:24 AM Topic: Week 12 Discussion: Exchange rates and merged currency – Canvas – CSU

https://colostate.instructure.com/courses/138100/discussion_topics/1321514 3/3

Replies are only visible to those who have posted at least one reply.

 Reply

——————-

6:24 a.m. on April 16th, Week 12 Discussion: Exchange Rates and Consolidated Currency – Canvas – CSU

1/3 of the course https://colostate.instructure.com/courses/138100/discussion topics/1321514



This is a discussion that has been graded: Due on April 18th, 15 points are possible.

54 54 54

For this week’s discussion post, we’ll look at some trade-offs involving the adoption of various monetary policies, such as a floating exchange range, a pegged exchange rate, or a merged currency, with a particular focus on the effects of printing local currency versus using a merged currency.

This video (https://www.youtube.com/watch?v=HOv1H4ht0XI) shows how to do it.

Pegged exchange rates, according to Barry Eichengreen

Pegged exchange rates, according to Barry Eichengreen

Reduce the size of the video

Dr. Barry Eichengreen explains some of the issues surrounding floating exchange rates, as well as what some countries are doing to try to avoid them. He uses three historical examples of pegged or merged currency in particular: the Golden

Check Price Discount

Study Notes & Homework Samples: Kindly read this discussion post and respond based on that. »Previous Post