Exchange Rates Essay Example | Topics and Well Written Essays - 250 words

Exchange Rates - Essay Example However, the opposite happens in fixed rate regime. Furthermore, in fixed exchange rate the price of one currency is permanent comparative to all other currencies by state authority. However, in flexible or the floating exchange rate system, the value of a currency is permitted to vary in reaction to the forces in the market. Alternatively, under the fixed exchange rates, expansion of money reduces interest rates thus leading to outflows of capital. The eventual loss in coffers lowers the money supply (Jones & Lumby, 2003). On the flip side, under the flexible regime the exchange rate is depreciated by the capital outflow resulting to a stimulated output (Mukherjee, 2007). Finally, under the fixed exchange rate, positive demand increases interest rates and provokes an inflow of capital that balances the loss of the coffers through deficit of trade. In contrast, under the floating rates the inflow of capital appraises the exchange

The effect of Feng Shui on Canadian real estate Essay

The effect of Feng Shui on Canadian real estate - Essay Example This paper discusses the effect of Feng Shui on Canadian real estate Feng Shui has been used extensively in the area of building and construction for a long time. Despite the fact that it is a Chinese ideology, it has been used world over. The purpose of this paper is to discuss the effect of Feng Shui on Canadian real estate. In essence, it will discuss the contributions of Feng Shui to the Canadian real estate in terms of both positive and negative effects. Feng shui was developed nearly 5000 years ago along with other disciplines that were based on nature, such as seismology and meteorology. It uses natural laws to explain the manner in which the Qi referring to the life-force energy of the planet functions in the physical environment and also the manner in which it relates to things such as space, time and living organisms, such as human beings (Saxena, 2008). Feng shui has been important in helping people to design, site, build and decorate their buildings. It has also helped in ensuring that people balance between their well-being and health and fulfil industrial goals (Chen & Nakama, 2004). Feng Shui is not a mystical discipline. Rather, it operates from the basic principles of physics, mathematics and general science principles to maintain or improve emotional, physiological and emotional mental health for all people living or working within a building or another constructed space. Traditional Feng Sgui is not a belief-based discipline, but a reality based discipline. Feng Shui is an understanding of the movement of energies that originate from the land and captured where people live and work, which in most cases is constructed buildings (Chen & Nakama, 2004). Feng shui comes from two Chinese words Feng (wind) and Shui (water) which flow and circulate everywhere in the planet and are associated with good health. Therefore, good Feng Shui means good fortune and vise versa. Feng Shui originated from the ancient Chinese who had the belief