They tend to see the international monetary system as a device for accommodating shocks and reflecting differences in economic circumstances. They see price movements and capital flows, generally, as helping resource allocation.
The share of families in the 50-to-61 age group that saw a substantial increase in their net worth – more than six months of their usual income – was nearly the same as for families overall (figure 5). But 49 percent of the age group saw a decline of more than six months of their usual income, compared with 42 percent of families overall.