Постановка ритма при чтении и разговоре по-английски. Упражнение 8
Задание для постановки навыка ритмичности (техника shadow reading). Методика выполнения: надо одновременно читать текст, слушать соответствующую аудиозапись и повторять вслух. Скорость при этом довольно высокая и качество произношения может от этого страдать, но это не важно. В этом задании надо сконцентрироваться на соблюдении ритма.
Standing on Its Own as the World’s Reserve Currency.
As a result of the Bretton Woods Agreement, the U.S dollar was officially crowned the world’s reserve currency, backed by the world’s largest gold reserves. Instead of gold reserves, other countries accumulated reserves of U.S. dollars. Needing a place to store their dollars, countries began buying U.S. Treasury securities, which they considered to be a safe store of money. The demand for Treasury securities coupled with the deficit spending needed to finance the Vietnam War and the Great Society domestic programs caused the United States to flood the market with paper money. With growing concerns over the stability of the dollar, the countries began to convert dollar reserves into gold. The demand for gold was such that President Richard Nixon was forced to intervene and delink the dollar from gold, which led to the floating exchange rates that exist today.
Through periods of stagflation, high inflation and deflation, the U.S. dollar remains the world’s reserve currency based largely on the size and strength of the U.S. economy and the dominance of the U.S. financial markets. Despite large deficit spending, trillions of dollars in foreign debt and the unbridled printing of U.S. dollars, U.S. Treasury securities remain the safest store of money because of the trust and confidence that the world has in the ability of the United States to pay its debts. Because of that, the dollar is still the most redeemable currency for facilitating world commerce.