Why Currency Exchange Rates Matter - a podcast by J. David Stein

How a nation's balance of payments impacts its currency exchange rate as evidenced by Turkey and other countries.

Topics covered include:What is a nation's balance of payments, its current account, and its capital accountHow an individual's personal financial flows are similar to those of a countryWhat is causing the currency crisis in Turkey and LebanonWhy gold imports have increased by 150% in TurkeyWhat is the Triffin dilemma or paradox and how does it impact the United StatesWhat individuals can do to manage currency risks


Thanks to The Great Courses Plus and Policygenius for sponsoring the episode.

Further episodes of Money For the Rest of Us

Further podcasts by J. David Stein

Website of J. David Stein