full transcript

From the Ted Talk by Michael Metcalfe: A provocative way to finance the fight against climate change

Unscramble the Blue Letters


And there are some truly terrible historical examples of money printing — uncontrolled money printing — leading to hepylfniaiortn. Think: Weimar Republic in 1930; zmawbibe more recently, in 2008, when the prices of basic goods like bread are doubling every day. But all of this is moving the public debate forward, so much so, that meony printing for the people is now discussed openly in the financial media, and even in some political mnafitesos.

But it's important the debate doesn't stop here, with printing national currencies. Because climate change is a shared gbalol problem, there are some really compelling reasons why we should be prntinig that international currency that's issued by the IMF, to fund it. The scpiael dariwng Right, or SDR, is the IMF's electronic unit of account that governments use to transfer funds amongst each other. Think of it as a peer-to-peer payment network, like Bitcoin, but for gevrtmeonns.

Open Cloze


And there are some truly terrible historical examples of money printing — uncontrolled money printing — leading to ______________. Think: Weimar Republic in 1930; ________ more recently, in 2008, when the prices of basic goods like bread are doubling every day. But all of this is moving the public debate forward, so much so, that _____ printing for the people is now discussed openly in the financial media, and even in some political __________.

But it's important the debate doesn't stop here, with printing national currencies. Because climate change is a shared ______ problem, there are some really compelling reasons why we should be ________ that international currency that's issued by the IMF, to fund it. The _______ _______ Right, or SDR, is the IMF's electronic unit of account that governments use to transfer funds amongst each other. Think of it as a peer-to-peer payment network, like Bitcoin, but for ___________.

Solution


  1. drawing
  2. zimbabwe
  3. global
  4. printing
  5. hyperinflation
  6. governments
  7. manifestos
  8. money
  9. special

Original Text


And there are some truly terrible historical examples of money printing — uncontrolled money printing — leading to hyperinflation. Think: Weimar Republic in 1930; Zimbabwe more recently, in 2008, when the prices of basic goods like bread are doubling every day. But all of this is moving the public debate forward, so much so, that money printing for the people is now discussed openly in the financial media, and even in some political manifestos.

But it's important the debate doesn't stop here, with printing national currencies. Because climate change is a shared global problem, there are some really compelling reasons why we should be printing that international currency that's issued by the IMF, to fund it. The Special Drawing Right, or SDR, is the IMF's electronic unit of account that governments use to transfer funds amongst each other. Think of it as a peer-to-peer payment network, like Bitcoin, but for governments.

Frequently Occurring Word Combinations


ngrams of length 2

collocation frequency
billion dollars 6
money printing 6
financial crisis 4
extra sdrs 4
fossil fuels 3
climate change 3
foreign exchange 3
global action 3
green climate 3
climate fund 3
burning fossil 2
developing countries 2
cleaner energy 2
bonds issued 2
special drawing 2
printing national 2
national currencies 2
international currency 2
exchange reserves 2
developed market 2
market countries 2
climate projects 2

ngrams of length 3

collocation frequency
green climate fund 3
burning fossil fuels 2
printing national currencies 2
foreign exchange reserves 2
developed market countries 2

Important Words


  1. account
  2. basic
  3. bitcoin
  4. bread
  5. change
  6. climate
  7. compelling
  8. currencies
  9. currency
  10. day
  11. debate
  12. discussed
  13. doubling
  14. drawing
  15. electronic
  16. examples
  17. financial
  18. fund
  19. funds
  20. global
  21. goods
  22. governments
  23. historical
  24. hyperinflation
  25. imf
  26. important
  27. international
  28. issued
  29. leading
  30. manifestos
  31. media
  32. money
  33. moving
  34. national
  35. network
  36. openly
  37. payment
  38. people
  39. political
  40. prices
  41. printing
  42. problem
  43. public
  44. reasons
  45. republic
  46. sdr
  47. shared
  48. special
  49. stop
  50. terrible
  51. transfer
  52. uncontrolled
  53. unit
  54. weimar
  55. zimbabwe