Economics

350 Articles 4 Followers


Chinese Bank Runs Show Why Bitcoin Is King

30 Aug 2022 3 minute read 4 comments hifi.bitcoin

Read now to learn how no money is more available when you need it than Bitcoin you custody yourself, if you protect it well. This issue of The HiFi Bitcoin Letters is free for everyone. To receive Bitcoin insights and analysis more frequently, consi...

The Creation and Power of the Federal Reserve System

24 Aug 2022 19 minute read 1 comment Probs Cheatin

The Federal Reserve System What is the Federal Reserve System? The Federal Reserve System (will refer to as Fed from here on out) is a carefully planned out, intentional, calculated, and malicious strategy used to progressively shift wealth from work...

Chinese Central Bank Cuts Mortgage Rates to Support Property Crisis

22 Aug 2022 1 minute read 0 comments AverageVancouverite

Amid a growing property crisis, the People's Bank of China (PBOC) announced that 5-year loan prime rates will be slashed by 15 basis-points to 4.2% while 1-year loan prime rates, which is often used for corporate loans, will be decreased from 3.7% to...

Why Crypto is So Hot in Countries Where People Shouldn't Have the Money to Invest (or, Stop Being so Damn Westernethnocentric in Your Crypto Attitude)

4 Aug 2022 4 minute read 0 comments WinterYeti

Begging your pardon from the beginning if it applies, this article isn't meant to insult. In fact, it's really more about the redistribution of wealth happening electronically today that is upsetting a paradigm that's been in place since the end of W...

Is the United states currently in a recession?

30 Jul 2022 3 minute read 0 comments Jack216

Is the United states currently in a recession? In today's article, the topic of discussion is going to be whether or not the united states is currently in a recession. Now I'm sure many of you have heard in the news lately that the United States is e...

The White House is Redefining 'Recession' - Like Putting Lipstick on a Pig

29 Jul 2022 6 minute read 3 comments kev_nag

[To put lipstick on a Pig means “making superficial or cosmetic changes to a product in a futile effort to disguise its fundamental failings” [Wikipedia. Lipstick on a pig. (Accessed July 28, 2022)]. If it walks like a duck and quacks like a duck, it...

Milton Friedman

17 Jul 2022 1 minute read 0 comments LibertasBella

Milton Friedman revolutionized the way the world thinks about money. He also happened to believe you are fully capable of conducting your own affairs. The Nobel Prize winner, transcendent scholar, and 20th century’s most influential economist deserve...

The World's Most Valuable Currency

11 Jul 2022 2 minute read 1 comment RocketEnthusiast

There is approximately over 2.278 billions worth of US dollars in circulation, as of 2022. That's quite a bit of cheddar. It's quite eye-opening to look at how it has grown over the years.  By now, I'm sure we're all familiar with the Federal Reserv...

Zimbabwe to Issue Gold Coins Amid 191% Annual Inflation

5 Jul 2022 1 minute read 1 comment AverageVancouverite

The Reserve Bank of Zimbabwe announced that to help combat the annual inflation of over 191% measured last month and to provide a storage of value, gold coins known as the "Mosi-Oa-Tunya Gold Coins" will be available for purchase starting on July 25t...

Real Problem That Nobody Even Talks: Shortage!

4 Jul 2022 1 minute read 0 comments Ali_St

The economic crisis is making our lives more unbearable day by day. Global supply chain problems, inflation, and also the economic problems caused by the pandemic are on the display! The press is constantly talking about these and attributes problems...