Monetary Authority of Singapore's Menon on Economy, Facebook's Libra

Monetary Authority of Singapore's Menon on Economy, Facebook's Libra

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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FREE Resource

The video discusses the unrealistic expectations placed on central banks to solve economic issues solely through monetary policy, emphasizing the need for a balance with fiscal policy. It highlights Singapore's economic resilience, its policy buffers, and its approach to currency practices amidst US scrutiny. The growth of Singapore's fintech sector and innovation initiatives is explored, along with the implications of digital currencies and the dominance of the US dollar in global finance.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What successes have been achieved in Singapore's fintech initiatives since 2015?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the speaker identify regarding Facebook's proposal for a digital currency?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker assess the impact of the US dollar's dominance on global financial stability?

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