Stockmarket

Stockmarket
People who want to invest in a company buy shares. Stock is the money raised by the company as a result of selling its shares. Major centers of financial trading, such as London, Newyork, and Tokyo, have stock markets where shares in companies are bought and sold.

Stocks and shares
The value of share goes up and down. Prices are published regularly in the press so that people can see the value their investment. The current price is printed along with the amount gained or lost in the share’s value during the day.

Fort Knox
The greatest gold reserves in the world are held at the US Depository in Fort Knox, Kentucky. Since 1936, the bulk of the United States gold has been stored there. The gold is kept in steel and concrete vaults, enclosed in a large, bomb- proof building with massive walls. Electronic alarm systems, closed –circuit televisions and armed guards provide extra protection.

Inflation
When prices rise, and people must spend more money to buy the same amount of goods, this is known as inflation.
For ex. If inflation in the US is running at 10% per year then a basket of shopping which cost 30dollar in year one will cost 33 dollar in year two.
Government try control inflation, if it gets out of control, money becomes worthless.