inflation describes the increase in an economy's overall price level. investment Diu& (PG) describes bonds judged by rating agencies to be of at least medium quality (usually BBB or above). Leveiage attempts to boost gains when investing through the use of borrowing to purchase assets. Liquidity refers to the ability to sell securities quickly without having to significantly reduce the price. Listed companies are traded on a public exchange; non-listed companies aro traded privately. Ludwig von Mises was a follower of the Austrian School of Economics, which attributed the booms and crashes on money creation and money destruction. From 1945 to 1969 he taught as a professor at New York University. The Maastricht rules set down five criteria which aspiring Eurozone members must comply with. Maturities indicate the length of time to, or date on which, a security will cease to exist and any principal will be repaid. Mergers and acquisitions (lvi&A) are the two key methods of corporate consolidation. A merger is a combination of two companies to form a new company, while an acquisition is the purchase of one company by another in which no new company is formed. Monetary policy focuses on controlling the supply of money with the ulterior motive of price stability, reducing unemployment. boosting growth, etc. (depending on the central bank's mandate). MSC I is a company providing indices and other analytical tools for investors. The MSC! AC World Financials Index includes large and mid- cap firms In the financial sector (principally banks) across 46 developed- and emerging-market countries. The MSC( AC World index includes stocks from 23 developed and 23 emerging-market economies. Net asset value (NAV) is the value of an organization's assets minus the value of its liabilities. The People's Bank of China (PBoC) is the central bank of China. A peg, in the context of currencies, Is the artificial fixing of an exchange rate between two curr