Reason for your "False" answers (specify the question number and a brief explanation below): TRUE/FALSE

1. Near the end of WWII, at Bretton Woods, allied powers agreed to restore the gold standard after the war was over.

2. Rothbard notes that if the Fed tries to control the monetary base it won't be able to control wide swings in credit as the public decides to hold more or less money.

3. As a general rule, financial crises don't harm the real economy.

4. A financial panic is one where there is a massive attempt to liquidate and sell off assets yet where there are few, if any, buyers.

5. The difference between a lender of last resort and a bailout is that the former involves the use of taxpayer funds.

6. We may suspect an asset bubble if news about the asset's price affects the economy rather than the other way around.

7. In Sweden, cash payments in excess of about $106,000 are banned.

8. By imposing a fee on cash withdrawals from bank accounts, the government of Greece will be able to impose negative interest rates on deposits.

9. According to Rickards, the collapse of the dollar will inevitably lead to inflation that is "reminiscent of the 1970s."

10. Given the Fed's actions since 2008, why don't we have serious inflation? Rickards argues that one reason is that our economy is structurally damaged.