Currency Issues
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6 pages discussing the methods by which governments have the ability to control the values of their currencies. The 'trick' is that manipulation of the nation's currency simply must be thoughtful and based on real-world conditions rather than wishful thinking. Those nations that have favored absolute and total control of their currencies and their economies have been the poorest of the world, but the other side of the same coin is no better. Much of Japan's economy is on the verge of collapse , and much of the blame can be pointed at the failure to exercise enough control. Middle ground is a magical place, and it appears that we have had the good fortune of residing there for the past several years. Bibliography lists 5 sources.
Filename: Currencyj.doc

Interest Rate Policy Of The Bank of Japan
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12 pages in length. Until the 1980's, the Bank of Japan had an active role in implementing government-directed fiscal policy, but as the economy stabilized and seemed to be completely self-sustaining, regulatory influences were increasingly withdrawn. Today, the Bank of Japan is charged mainly with establishing and maintaining interest rates. In that respect, it is comparable to our Federal Reserve. Years of questionable business finance practices have been catching up to Japan faster than Japan can catch up to the consequences. The Bank of Japan's role has been to keep interest rates artificially low in an attempt to aid commercial banks on the verge of failure, but those interest rates being at such low levels is having other and far-reaching implications for the Japanese economy. Bibliography lists 10 sources.
Filename: Bankjap.wps

Consumer Credit – What It Is and How It Works
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This 15 page report discusses consumer credit -- its use, its availability, its purpose and function. Establishing a credit record is a simple enough process and is a fundamental aspect of most Americans’ lives but understanding the process of how credit actually works is far more complicated than opening a checking or savings account. This report address issues relating to personal credit such as credit card issuance and terms, consumer debt, and personal money management. Bibliography lists 8 sources.
Filename: BWcredit.rtf