Irving Fisher’s Quantity Theory of Money
Irving Fisher put forward a theory called the Quantity Theory of money, so the name is not Irving Fisher Theory, Irving Fisher is the name of the inventor of the…
How Irrevocable Credit Works
Letter of Credit or often abbreviated as L/C is one of the payment systems used in international trade. L/C is a guarantee of certainty regarding payments from the exporter's bank…
The financial system is starting to look to the DeFi
DeFi is a financial system that operates on a decentralized network. this can eliminate intermediary institutions and make the many financial products offered on the system more efficient and economical.…
The impact of Acting In Concert on the company
ACTING IN CONCERT - is an unofficial English term or often called slang which is often used to describe a condition that is an individual or company that cooperates (acts…
Currency Warfare Simulation
Currency warfare is a war tactic claimed by the Pentagon. This tactic is also known as the dollar reset value. The tactic is quite simple actually, namely the US will…
Grass Root based economy
Grass roots in the context of the state and society as an interpretation of community groups who are easy to influence and refers to community groups who come from the…
Bank Secrecy Law
The Bank Secrecy Act (BSA) also known as the Currency and Foreign Transactions Reporting Act is a US law created in 1970 to prevent financial institutions from being used as…
Work In Process Inventory
Work In Process Inventory refers to materials that have been partially completed through the production process. So the flow is like this, to make a product or finished product, of…
How trade acceptance works
Literally Acceptance is a thing in the form of a trade letter to pay the parties involved in a business relationship through an intermediary signed a signature contract through a…
Foreign Exchange Controls
Foreign exchange controls are restrictions imposed by the government of a country in foreign currency exchange transactions. In modern times, the control of foreign exchange transactions is an uncommon practice,…
