Comments on presentations:

Bajanik, Cery, Pavelka, Szitas:
 * "surveillance on the balance between demand and supply on the foreign
exchange market" - do not trust everything the CB says, some of it is BS
 * slide 4 - how does MonPol boost growth in oil industry?
 * slide 8 - correct identification of inflation sources
 * slide 12 - the mechanism should be better described - if the supply of dollars drops, why doesn't the demand for dollars drop too?
 * slide 14 - isn't increase in money supply contradictory to increasing mandatory reserves?
 * in slides like this, it's always important to say WHY the CBA hiked rates
 * slide 15 presents a very good point! 
 * correctly identified the key shock in 2014-7


Harmanova, Musayeva, Sotolova, Valka:
 * slide 6 - positive correlation between oil price and inflation - why is that? Does it really hold?
 * slide 8 - nice point about correlation between the oil extraction and real appreciation 
 * slide 10 - good point about weak fundamentals
 * slide 10 - "Unfortunately, goverment uses this fund to pay government spendings" - that's fine, as long as they do not overdo it
 * slide 14 - very good point about currencies of trading partners
 * slide 15 - nice and important point about decline in the forex reserves
 * slide 18 - did they really switch to floating FX rate? and did they really switch to USD+EUR basket (nice point about "dilluting")? 
 * I liked this presentation the most, clearly lots of effort, appreciated
 
Shabalin, Pleskot, Hashimli:
 * nice use of charts
 * did they really switch to floating FX rate? and did they really switch to USD+EUR basket? 
 * good and important point about banking crisis 
 * screenshots of charts - what kind of potato computer did you use?
 
 
Some general points: 
 * do not trust all the CB says
 * use more charts, people percieve information better
 * make sure each slide has a point
 * real exchange rate was missing from all presentations, it's very important variable
 * also missing - transmission channels from the shocks to variables. You hinted at them, but not described clearly.
 * all presentations avoided BoP, which is an important data source