The economic collapse in Weimar Germany following World War I from 1913, when Germany went off the gold standard, to 1923, when they got inflation under control. This decade in German economic history remains one of the most extreme examples of hyperinflation in modern history. As the currency became worthless, people’s savings disappeared, and society […]
Lessons From Weimar Germany On Surviving Hyperinflation Read More »
Understanding average income across different states is more than just a curiosity—it’s a crucial factor influencing your career choices, lifestyle, and even where you put down roots. Whether you’re eyeing a job relocation or simply understanding economic trends, this article offers valuable insights into how salaries vary from state to state, what contributes to these
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Younger generations today are financially worse off than their parents were at the same age. This stark reversal of generational prosperity is fundamentally changing economies in significant ways. Gone are the days when each successive generation could expect to do better than the last. Instead, today’s youth face declining wages, soaring costs of living, crushing
Younger Generations Are Now Poorer Than Their Parents And It’s Changing Our Economies Read More »
Many of us have bought into the belief that working longer and harder is the path to prosperity. But contrary to conventional wisdom, research suggests that excessive work may make people poorer in the long run. Keep reading for a look at how this counterintuitive dynamic plays out. We’ve all heard that working harder and
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The modern cycle of wage slavery and perpetual debt is an unseen force that keeps many stuck in financially precarious situations. Despite working long hours at unfulfilling jobs, getting ahead is challenging when wages no longer keep pace with the cost of living. This leads to seeking fulfillment through materialism and consumerism, which only leads
Why You Are Poor: The Modern Wage Slavery Cycle Read More »
Understanding what the economic landscape looks like right before a depression starts can be crucial for both individual investors and businesses. While periods leading up to depression often appear stable or prosperous, numerous underlying indicators can signal a looming economic downturn. This article delves into these critical signs, from inflated stock markets and rising unemployment
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If you’ve ever wondered why your expenses are perpetually rising, making life increasingly costly, you’re not alone. Many grapple with the financial strain of escalating costs in virtually every aspect of daily living—from housing and healthcare to education and beyond. While it’s tempting to point fingers at various culprits, one economic factor is a primary
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“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
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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 »
