“So you think money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money?” Money. The root of all evil or the fuel of human progress? For centuries, thinkers have debated the moral role of money in society. But no speech captures the essential truth about […]
The World’s Best Speech on Money Read More »
Diving into the world of economics, the theories of John Maynard Keynes stand out, especially when exploring the intricate dance between investor psychology and financial markets. One of Keynes’ most intriguing concepts, the “Beauty Contest,” offers a unique lens through which we can understand the often unpredictable behaviors of investors. This idea not only challenges
The Keynesian Beauty Contest Read More »
hy·per·in·fla·tion (hīpərənˈflāSHən/) noun monetary inflation occurring at a very high rate. Hyperinflation could have already taken hold when you look at the increase in prices of food, cars, rent, and homes in the past three years. Despite assurances from policymakers that inflation is under control, an objective look at recent economic policies and market behaviors suggests an
Hyperinflation Is Already Here: You Just Haven’t Realized It Yet Read More »
The eighteen lessons about money you will learn in this article intersect the tangible world of finance with the intricate layers of human psychology. The psychology of money isn’t merely about numbers, investments, or savings; it’s about understanding how our perceptions, behaviors, and societal norms influence our decisions with every dollar. As we unpack these
18 Lessons About Money: The Psychology Of Money Read More »
The way money and finance work in the global economic system tends to make the rich even richer while leaving behind average citizens. Central banks printing vast sums of cheap credit, combined with the deregulation of the banking sector, have created an avalanche of money flooding financial markets. This tidal wave of easy money provides
How the Rich Get Richer: Money in the World Economy Read More »
The middle class has long been considered the backbone of the American economy, providing stability and fueling growth. However, in recent decades, this once-dominant group has begun to shrink, raising concerns about the future of the nation’s economy and social fabric. This crucial segment of society has faced various challenges that have eroded its financial
The Middle Class and Why It’s Disappearing Read More »
Understanding the genesis of money is crucial for anyone keen on decoding the intricacies of modern economics and finance. The mechanisms of money creation, driven by central banks, commercial banks, and even novel digital currencies, underpin our entire economic system. By delving into the multifaceted processes of how money comes into existence, you’ll gain invaluable
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In an age of low-interest rates paid by banks and unpredictable economic events, keeping your money parked in a bank account may not be the smartest strategy for wealth preservation and growth. The phrase “Cash is King” has lost some validity, giving way to more robust and dynamic financial planning. The key to sustainable financial
Don’t Keep Your Cash In The Bank: 6 Assets That Are Better & Safer Than Cash Read More »
History holds many lessons. Looking back, it’s pretty alarming to note the striking parallels between the Great Depression of the 1930s and today’s economic climate. Echoes from the past seem to be resounding louder than ever. Many people will point to the differences between 2023 versus the Great Depression. Still, they may not remember the
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This blog post will explore the origins of paper money. We’ll delve into various civilizations and their contributions to the monetary world of money. I will explore the steps paper money took throughout history as the origins of exchange evolved into our modern-day national fiat currency system. Early Barter Systems: The Precursors to Paper Money
The History of Paper Money: Origins of Exchange Read More »
As we look back on the Great Depression, we are reminded of the profound impact this economic crisis had on society. This dark period in history, from 1929 to 1939, has taught us valuable lessons that policymakers like politicians and central bankers could apply to today’s economy. In this blog post, I will explore ten
Lessons Learned from the Great Depression Read More »
I love exploring monetary history. In this blog post, let’s take a trip through time to one hundred years ago and delve into one of the fascinating economic events of the 20th century: the hyperinflation crisis in Germany in 1923. It’s a period that often leaves us scratching our heads, wondering how a country could
Hyperinflation – Germany 1923 Read More »
Automation, replacing human workers with machinery, computers, software, and technology, has revolutionized various industries. In this post, we will explore how automation has led to a rise in productivity, improved the quality of life for people, and freed up workers to advance into more productive jobs. The Impact of Automation on Employment One hundred years
Humans Need Not Apply Read More »
The Roman Empire and the United States are history’s most influential powers. Though separated by time and geography, there are some striking parallels between their rise, development, and potential decline. In this blog post, we’ll dive into the similarities and differences between these two mighty civilizations, focusing on the past 40 years of the United
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In this blog post, we will delve into the fascinating world of the Roman Empire’s economy and unravel how the phenomenon of inflation played a significant role in its eventual collapse. As someone interested in economics and monetary policy, I will guide you through this intriguing journey. You will learn the specific economic conditions, monetary
How Inflation Ruined the Roman Economy Read More »
Does the MIT model say society will collapse in 2040? According to an MIT researchers’ report, society will collapse by then. The report, titled “The Limits to Growth,” was published in 1972 and concluded that society was heading towards collapse due to economic, environmental, social, and political issues. A follow-up study conducted by analysts at
MIT Has Predicted that Society Will Collapse in 2040 Read More »
Exploring the Factors and Examples That Cause Hyperinflation Hyperinflation is a term that strikes fear into the hearts of economists and ordinary citizens alike. Historically, we’ve seen examples of hyperinflation, from Germany’s Weimar Republic to Zimbabwe, and the devastation it can bring to an economy and society. After the unprecedented amount of money being printed
Why Haven’t We Seen Hyperinflation? Read More »
The Economic System: Is it Fake, Unsustainable, and Designed to Benefit the Wealthy? The current state of the economy is a hot topic of discussion among economists, politicians, and everyday citizens. Many people are concerned about the growing income inequality, the rising debt, and the lack of economic opportunity for ordinary people. In this context,
The Economy Is Fake, the Jobs Are Fake, the Money Is Fake Read More »
As we approach spring 2023, the US housing market has not crashed nationally. Not even close. The most significant drops in home prices have been in the same metropolitan areas that also have had the biggest run-ups in price since 2020. According to Newsweek, the cities with the biggest drops in home prices so far
The Disturbing Details Of The 2023 Housing Crash (Details Explained) Read More »
“It’s just part of the business cycle” has become a typical response to financial crises, stock market crashes, and recessions. However, it’s never just part of the free market when real people who lose their jobs, homes, and futures feel the repercussions of monetary policy, speculation, and bubbles. This article will use historical events as
The Real Cause of All Recessions That Nobody Talks About Read More »