a very annoying catch phrase, normally said by immature freshmen, that is used to down-play the fact that the speaker of the phrase isn't as good at something as they claim they are. It is also used to annoy the crap out of everyone around them because the speaker could not think of something more intelligent to say.
In the European Union, the EUROPEAN CENTRAL BANK (ECB) is responsible for monetary policy in general and for setting interest rates in particular for member countries of the ECONOMIC AND MONETARY UNION (EMU). The ECB has committed itself to a âtarget'for INFLATION of no more than 2% per annum.
The Head of the Treasury manages the workers in the department and they look into good investments and spending measures for the government. The Head of the Treasury and their Department are also responsible for protecting the safety and the value of the Triumvirate currency: the Tri. Being well learned in economics and economic theory is a must for those in the position.