PostBadge tag to show // FeedBurner FeedFlare. // ------------------------- // FeedBurner account and feed required. // Sign up at http://feedburner.com //================================================ class module_feedflare { function init(){ global $gregarious; $gregarious->add_settings ( array ( 'feedburner_url' => '' ) ); $gregarious->add_page ( 'FeedFlare', 'modules/feed-flare/icn_Flare.png', 'page_feedflare();', 'feedFlare' ); } function postbadge_tags(){ return array ( array ( 'tag' => '%FLARE%', 'replacewith' => 'feed_flare("",false)' ), ); } function update_info(){ return 100; } } //------------------------------------------ // TEMPlATE TAGS //------------------------------------------ function feed_flare($settings = '', $echo = true){ global $wp_query; $post = $wp_query->post; $sets = array('postID' => $post->ID, 'before' => '', 'after' => 'Gregarious FeedFlare', 'force' => 0 ); grab_sets($settings, $sets); if ( !$sets['force'] && hideOnID($sets['postID']) ){ return ''; } if( !$path = _get_feedburner_url() ) return ''; if( substr( $path, -1 ) == '/' ){ $path = substr( $path, 0, strlen( $path ) -1 ); } $path = str_replace ( 'feedburner.com/', 'feedburner.com/~s/', $path ); $path .= '?i='.get_permalink($sets['postID']); $result = $sets['before'] . "" . $sets['after']; if($echo) echo $result; else return $result; } function _get_feedburner_url(){ $feedurl = greg_get_option( 'feedburner_url' ); if ( $feedurl ){ return attribute_escape($feedurl); } else { $feedburner_settings = get_option('feedburner_settings'); if( is_array($feedburner_settings) && ($feedurl = $feedburner_settings['feedburner_url']) ) { return attribute_escape($feedurl); } else { return false; } } } //------------------------------------------ // OPTIONS PAGE //------------------------------------------ function page_feedflare(){ $feedurl = _get_feedburner_url(); ?> Expectations and Reality in Exchange Rates at spencerb.net



Expectations and Reality in Exchange Rates

I found this blog post about Overshooting Exchange Rates. It helped me try and figure this out for a problem set that I had.

It is kind of interesting, but a bit confusing. If you’ve taken an economics class, you have probably heard the phrase “sticky prices”. This is due to contracts and the reaction time of pricing schemes. One thing that I am learning is that exchange rates react a lot faster than prices. In some ways, exchange rates are like an ‘on’ and ‘off’ switch. Understanding how the rates are changing and reacting will affect investment decisions. The strange thing is that investor expectations have a lot to do with the actual exchange rate. So the exchange rate will depreciate or appreciate too much because of expectations and then it will adjust to the proper level when expectations adjust.

Maybe, boring economics to some, but there has been a lot of talk about the strength/weakness of the dollar. So it seems like an important topic to consider.

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