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

Unscramble the Blue Letters

When the financial crisis hit in 2008, the cenartl banks of the US and UK began byuing bonds issued by their own governments in a policy known as "quantitative easing." Depending on what happens to those bonds when they mature, this is money printing by another name. And boy, did they print. The US alone created four trillion dollars' worth of its own currency. This was not done in ilsiotaon. In a rleabrkmae act of cooperation, the 188 countries that make up the International Monetary Fund, the IMF, agreed to issue 250 billion dollars' worth of their own currency — the Special darniwg Right — to bsoot reserves around the world.

Open Cloze

When the financial crisis hit in 2008, the _______ banks of the US and UK began ______ bonds issued by their own governments in a policy known as "quantitative easing." Depending on what happens to those bonds when they mature, this is money printing by another name. And boy, did they print. The US alone created four trillion dollars' worth of its own currency. This was not done in _________. In a __________ act of cooperation, the 188 countries that make up the International Monetary Fund, the IMF, agreed to issue 250 billion dollars' worth of their own currency — the Special _______ Right — to _____ reserves around the world.

Solution

  1. isolation
  2. buying
  3. drawing
  4. remarkable
  5. boost
  6. central

Original Text

When the financial crisis hit in 2008, the central banks of the US and UK began buying bonds issued by their own governments in a policy known as "quantitative easing." Depending on what happens to those bonds when they mature, this is money printing by another name. And boy, did they print. The US alone created four trillion dollars' worth of its own currency. This was not done in isolation. In a remarkable act of cooperation, the 188 countries that make up the International Monetary Fund, the IMF, agreed to issue 250 billion dollars' worth of their own currency — the Special Drawing Right — to boost reserves around the world.

ngrams of length 2

collocation frequency
money printing 8
billion dollars 6
extra sdrs 5
climate change 5
financial crisis 4
climate fund 3
foreign exchange 3
green climate 3
global action 3
developed market 3
fossil fuels 3
market countries 3
exchange reserves 3

ngrams of length 3

collocation frequency
green climate fund 3
developed market countries 3
foreign exchange reserves 3

Important Words

  1. act
  2. agreed
  3. banks
  4. began
  5. billion
  6. bonds
  7. boost
  8. boy
  9. buying
  10. central
  11. cooperation
  12. countries
  13. created
  14. crisis
  15. currency
  16. depending
  17. drawing
  18. easing
  19. financial
  20. fund
  21. governments
  22. hit
  23. imf
  24. international
  25. isolation
  26. issue
  27. issued
  28. mature
  29. monetary
  30. money
  31. policy
  32. print
  33. printing
  34. remarkable
  35. reserves
  36. special
  37. trillion
  38. uk
  39. world
  40. worth