If you’re trading with businesses outside your currency block, say the UK or the USA, exchange rate stability is very important. However, for small countries, seeking that stability with a Fixed Exchange rate system could be storing up awful problems in the future. In this weeks, episode, Marcus and Paul look at Chapter 3 of Paul's new book, “A Politician’s Guide to Finance and Money”, to see whether fixed or floating exchange rate systems work best.
Warning: This podcast does not constitute financial or tax advice. Please contact a financial advisor or tax advisor to discuss your own individual circumstances, taking into account your needs and objectives, knowledge and experience and financial situation.
