Countries normally attempt to manage their economy using monetary policy. By managing the money supply, and manipulating the rate that the central bank loans money to banks (in the U.S., known as the...

Countries normally attempt to manage their economy using monetary policy. By managing the money supply, and manipulating the rate that the central bank loans money to banks (in the U.S., known as the Discount Rate), they attempt to either stimulate or deflate the level of economic activity (to control inflation). Discuss how international flows of money may hinder these efforts.