The Misuse of Bonds | War | Miscellaneous | The Origins of Bonds |
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Inflation (hyperinflation counts too)
Between 1870 and 1930, Argentina’s economy flourished. This quantitative measure was the cause of Argentina’s economic downfall in the 1970s and 80s
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France and Britain
The Battle of Waterloo was between these two countries
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A political phenomenon
Hyperinflation is specifically this type of phenomenon
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Northern Italy
The concept of bonds originated from this specific part of a country in Europe
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The Battle of Waterloo ended the Napoleonic Wars, making their gold less valuable
The Rothschilds' investment major investment in gold ended up a horrible decision because of this reason
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Gold
The Rothschilds great investment in this precious metal caused their family to face many ups and downs in wealth due to the outcomes of war
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Around 40%
In 1817, Nathan Rothschild finally sold his 1815 purchase of British Government bonds for a profit around this percentage
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Judaism
The Rothschilds' collective fidelity to this specific faith strengthened their sense of family and common identity
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Price stability / Paper (both answers work)
Argentina’s economy ultimately collapsed because there was none of this
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By betting big on British government bonds and buying a huge amount of them
After falsely predicting the outcome of the Battle of Waterloo, Nathan Rothschild responded by doing this
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18 trillion
According to the text, this is currently the total value of internationally traded bonds (to the nearest trillion)
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They established a capital base and a great information network
The Rothschilds did these two things to serve as dominant players in the London Bond Market and achieve more than their rivals (name one)
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With the South’s main port in Union hands, any investor who wanted to get hold of Southern cotton had to run the Union’s naval blockade not once but twice, in and out. This caused British investors to lose faith in cotton-backed bonds and forced them to print unbacked paper dollars.
The fall of New Orleans in 1862 was the real turning point in the American civil war. Explain why the Confederate Army’s loss of New Orlean’s to the union caused them great hardship
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An Embargo
To ratchet up the pressure on Britain to side with them in the Civil War, the Confederacy decided to impose this on all cotton exports to Liverpool
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1. Many of the items we buy, from clothes to computers, have gotten cheaper as a result of technological innovation and the production of numerous goods relocating to low-wage economies in Asia.
2. A worldwide transformation in monetary policy, which began with the monetarist-inspired increases in short-term rates implemented by the Bank of England and the Federal Reserve in the late 1970s and early 1980s 3. Central bank independence in the 1990s
Inflation in modern society has lowered because of these three concepts according to the text (name one)
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Highly liquid
Government consols, a type of bond, were this finance term in London by the mid-18th century, which made them attractive to foreign investors
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