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inflation

(Encyclopedia)inflation, in economics, persistent and relatively large increase in the general price level of goods and services. Its opposite is deflation, a process of generally declining prices. The U.S. Bureau ...

Draghi, Mario

(Encyclopedia)Draghi, Mario mäˈēō drägˈē [key], 1947–, Italian economist and government and international ...

United Nations Monetary and Financial Conference

(Encyclopedia)United Nations Monetary and Financial Conference: see Bretton Woods Conference. ...

Skagway

(Encyclopedia)Skagway skăgˈwāˌ [key], city (1990 pop. 692), Skagway-Yakutat census div., SE Alaska, in the Panhandle, at the head of Lynn Canal; founded 1897. It is an ice-free port of entry; a trade and touris...

banking

(Encyclopedia)banking, primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of accepting depos...

Ruggles, Samuel Bulkley

(Encyclopedia)Ruggles, Samuel Bulkley, 1800–1881, American public figure, b. New Milford, Conn. He was a successful lawyer in New York City, but between 1831 and 1851 gave up his practice to devote himself to pub...

kilogram

(Encyclopedia)kilogram, abbr. kg, fundamental unit of mass in the metric system, defined as the mass of the International Prototype Kilogram, a platinum-iridium cylinder kept at Sèvres, France, near Paris. Copies ...

Bank for International Settlements

(Encyclopedia)Bank for International Settlements (BIS), international financial institution est. (1930) in Basel, Switzerland, by bankers and diplomats from Europe, the United States, and Japan. It was originally s...

Bretton Woods Conference

(Encyclopedia)Bretton Woods Conference, name commonly given to the United Nations Monetary and Financial Conference, held (July 1–22, 1944) at Bretton Woods, N.H., where 730 delegates representing 44 countries en...

Archimedes

(Encyclopedia)Archimedes ärkĭmēˈdēz [key], 287–212 b.c., Greek mathematician, physicist, and inventor. He is famous for his work in geometry (on the circle, sphere, cylinder, and parabola), physics, mechanic...