I have previously touted the Khan Academy videos produced by Sal Khan. They are a revolution in education produced by a gifted teacher. Bill Gates, in fact, has called Sal Khan his favorite teacher.
This is the first of 7 videos that takes the viewer into the world of currency exchange and shows how China's controlling its currency has an important influence on U.S. interest rates. The videos are approximately 12 minutes in length. Although most readers won't appreciate it, the typical way this information is presented is by using esoteric mind-numbing mathematics which, in the end, detracts from the fundamental principles presented. Watching the 7 videos over the next several days will contribute to making DIY investors considerably more sophisticated.
In this first video, Sal takes us through the dynamics of an imbalance in the demand for U.S. $s versus the Chinese Yuan.
If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets, you have landed at the right spot. I am a fee-only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low-cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.