Economics

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The Crypto Revolution Is Here

23 Oct 2023 1 minute read 0 comments OfTheFreeMarket $0.04

“For smaller countries, bitcoin is a superior solution to their own fiat currency in many ways,” -Matthew Le Merle, managing partner at Blockchain Coinvestors   BTC is the key to a corruption free economy for some countries, to others it is a beacon...

Wage inflation above price inflation, but is it enough...?!?

19 Oct 2023 1 minute read 0 comments RealSociology $0.31

Wages growth in the UK has just over taken inflation for the first time in 2 years according to this BBC News Report. In August 2023, the latest month for which data is available, wages grew by 7.8% on average compared to just 7.1% for inflation. Th...

Fiat Money (2)

17 Oct 2023 3 minute read 0 comments OfTheFreeMarket $0.03

This post is a follow up to my first article posted on this blog, “Fiat Money.” That post was a discussion of the fact that American currency is “fiat money,” that is to say, nothing backs up the paper bills or coinage of US Government—unless you con...

Is Crypto Bad Or Is It The Future?

16 Oct 2023 1 minute read 2 comments OfTheFreeMarket $0.29

“The reason we are all here is that the current financial system is outdated.” – Charlie Shrem – founder & CEO Bitinstant  From Janett Yellen to Elon Musk we have heard about the inefficiencies of crypto currency energy consumption. Yellen along with...

Fiat Money

13 Oct 2023 3 minute read 0 comments OfTheFreeMarket $0.03

The US began debasing its coinage in 1965 via something called the Coinage Act of 1965. By 1970 dimes, quarters and half-dollars had exactly no silver left in them. This was hardly a new ploy; the Roman megalomaniac and emperor Nero started debasing...

Inflation VS Crypto

11 Oct 2023 2 minute read 1 comment OfTheFreeMarket $0.11

“Cryptocurrency is absolutely here to stay. If you can’t see that at this point, it’s time to learn more about it.” -Joel McLeod In years past, in any effort to go against the draining economic power of inflation, your normal investor would have p...

Inflation: Quick Take

10 Oct 2023 1 minute read 0 comments OfTheFreeMarket $0.03

“If the world’s using bitcoin, governments won’t be able to fund wars through inflation like they do today.” –Roger Ver. Inflation a market phenomena every economic system has. Inflation causes a general increase in prices and a fall in purchasing va...

Is Paying More for Premium Petrol Worth It..?

6 Oct 2023 2 minute read 2 comments RealSociology $0.39

I actually ask myself this question every time I fill up the car on the garage forecourt: would it be worth paying slightly more for the premium fuel compared to the cheaper option which is what I usually go for. So I was interested to listen to this...

America Adds $275B to Its Debt in One Day. Who Will Still Believe the Lies That Bitcoin Is a Danger to the Stability of the Current System?

6 Oct 2023 3 minute read 5 comments ssaurel $2.19

On October 3, 2023, the U.S. government added $275B to the U.S. debt. $275B in a single day:   Some will say: that a little more, a little less, doesn't make much difference... It's true that when you look at American debt, $275B doesn't mean a thin...

Keep an eye on India: for Pictet AM, it is crucial for tomorrow's investments

4 Oct 2023 2 minute read 0 comments MrBicci $0.01

  Keep an eye on India: for Pictet AM, it is crucial for tomorrow's investments     The country's competitiveness is growing and the stock market is booming. pay special attention to Indian companies that are poised to conquer global markets with a...