Know Macroeconomics and Become a Billionaire

//Know Macroeconomics and Become a Billionaire

Know Macroeconomics and Become a Billionaire

Warning! This article is not suitable for a commentary (it’s just very interesting).

Priceonomics: The Trade of the Century: When George Soros Broke the British Pound

IB Economics syllabus: Macroeconomics (exchange rates)

This is a superb article that explains in detail how a managed exchange rate works in real life (with all its downsides) and how George Soros made $1B in a single day as he understood macroeconomics well.

Source of image: Priceonomics

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By | 2017-08-23T11:24:55+00:00 August 23rd, 2017|Macro|Comments Off on Know Macroeconomics and Become a Billionaire

About the Author:

My name is Daniel Szekely and I work as an IB Economics tutor and teacher. Having earned an MA degree in Economics at the University of Aberdeen, I became a financial analyst at Morgan Stanley, one of the largest investment banks of the world. Yet, despite the promising career prospects of the banking industry, I decided to make a larger social impact by becoming a teacher.

Currently, I teach IB Economics at SEK Budapest International School. I started EconDaddy as a simple blog to share great articles with my students and others taking IB Economics around the world to use for their commentaries. Being a practicing IB Economics tutor, I have first hand insight into the most common mistakes of students, so the EconDaddy blog now also provides exam and commentary writing tips.

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