Online Class Notes (Tibo)

In my opinion creating money is just one activity for the central bank, in China the central bank will have many policies to control the inflation.
They monitor the data and implement reforms.

In my mind / in my opinion I think it is crazy, most of the time when we watch a president we will imagine someone who we can believe in. / -> usually presidents don’t want to stand out they want to look trustworthy. / usually presidents are very mature.

For small countries they can rely on different currencies.
Argentina is a big country so maybe it is better if they have their own currency.

People don’t have good arrangement for the future / people find it hard to save and prepare for the future.

Vocabulary

radical (adj) extreme / bringing very different / quick change
He has very radical ideas
We implement radical changes to save the company

to resonate (v) be attractive for / make people feel they are understood  引起某人的共鸣
The short video of Douyin resonate with young people who like fast things

central bank (n) special bank in a country which can print money and decide on interest rate
The central bank decided to print more money for the economy

reform (n) a plan to change things 改良 / 改革
The government introduced a reform to push electric cars
The new DHL CEO brought many reforms to the company

poor (adj)

liberty  (n) freedom
People visited the statue of liberty in NYC

libertarian (n) someone who thinks liberty is the most important and that the government should not limit the freedom of people

poverty (n)
The government wants to reduce poverty

poverty line (n) amount of money earner under which people are considered poor

Argentina (n)
Argentina is famous for soccer

rise (v)
The sun rises in the morning

raise (v)
Apple decided to raise the price of the iPhone

raise (n) salary increase
I asked my boss for a raise

Pronunciation

rise : to go up

raise : to make … go up

mature

rely

relay