For local history project, I am going to interview Wilma Wintle.
For the research group project, my group is doing ours on teen pregnancy.
For my 20% project I am doing it on my life, and what I do daily, and how that affects me in a journal type blog.
Wednesday, September 30, 2009
Friday, September 18, 2009
Wednesday, September 16, 2009
Expansion of Swap Lines
http://useconomy.about.com/od/glossary/g/swap_line.htm
The expansion of swap lines is the arrangements of money and loans between central banks. Central banks are banks that can lend money to other federal banks all around the world when they need it. Buisnesses and banks around the world have liabilities not only in their home currency, but also in international currency. Thus, banks in England need funding in the U.S. dollars as well as pounds. If we didnt have central banks all around the world, we wouldnt have anything. The expansion of swap lines is the main currency arrangement between the central banks.
The expansion of swap lines is the arrangements of money and loans between central banks. Central banks are banks that can lend money to other federal banks all around the world when they need it. Buisnesses and banks around the world have liabilities not only in their home currency, but also in international currency. Thus, banks in England need funding in the U.S. dollars as well as pounds. If we didnt have central banks all around the world, we wouldnt have anything. The expansion of swap lines is the main currency arrangement between the central banks.
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