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Ivan Alexander

Porto, Porto, Portugal

Any

Member since October 15, 2012


  • http://www.cnbc.com/id/100430256

    The Fed's key role in international economic policy coordination is a largely overlooked and ignored aspect of its work. Typically, most people think that is what the president and his economic officials do during the meetings of what American academic community derisively calls "talking shops" (G8, G20, and various U.N. agencies).

    But the best kept secret is that the Fed does more for the successful operation of the global business cycle than all these "talking shops" combined. And it does that at no cost to American taxpayers. Last year, for example, the Fed transferred $76.9 billion in profits to the U.S. Treasury, while one of these summit jamborees can cost $850 million. How does the Fed drive the world economy?

    The dollar is the channel through which the impact of the Fed's policy is transmitted to the rest of the world. Transmission mechanisms are very wide and instantaneous. About 90 percent of international trade and financial transactions are conducted in dollars; some economies are fully dollarized through currency boards or dollar pegs, the dollar accounts for 62 percent of world currency reserves, and the overwhelmingly dollar-based foreign exchange market has an estimated daily turnover of $4 trillion.

    Pushing Export-Driven Free Riders

    That is the framework where the Fed operates as a de facto coordinator of international economic policies. Conceptually, this policy coordination process is grounded on the...

  • About Cooper Chung

    Communication, Communication Design

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    http://cooperchung.com/about%20us.htm

    Founded in 2005 Cooper Chung provides personalized financial investment solutions for tens of thousands of investors worldwide who appreciate personalized service. Cooper Chung provides this by way of a collection of products and solutions personalized to each and every individual client's requirements. A number of clients will hand all the decision making to us, while other individuals would rather continue to be very closely involved. In either case the balance associated with the partnership is precisely what is extremely important, in addition to trust and integrity which is vital within the close working relationship between Cooper Chung and each and every client. We believe in personalizing our services by assigning each and every client their own Portfolio Manager. Cooper Chung is one of the leading commodities and forex clearing organizations within the financial industry. Over the last six years we have processed in excess of 1 billion customer contracts. Being focused on first-class technology, responsive risk management, personalized back office procedures and highly customized customer services, Cooper Chung continues to be one of the industry leading clearing organizations for its diversified and expanding worldwide client base. Our experienced and dedicated professionals provide the most extensive, technology-driven clearing and execution services in order to make it possible for profitable and successful trading. When an i...