Economics

354 Articles 4 Followers


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...

Capitalism is More Fun When Everyone is Winning!

25 Jun 2022 4 minute read 3 comments bengy

Unsplash     Unsplash   I've always thought that the unfettered capitalism of the United States has been a sort of extreme implementation. Looking at the country from the outside, it is quite weird to see how wealth and purchasing power are s...

What's up with Humans

17 Jun 2022 2 minute read 0 comments Alther

Currently what is happening is that anti-crypto are so massively attacking the existence of the crypto market which is falling drastically. It is a moment for them to say that their choice not to believe in the existence of crypto can be said to be r...

Friedrich A. Hayek Quotes on Socialism, Economics, and More

16 Jun 2022 1 minute read 0 comments LibertasBella

“When security is understood in too absolute a sense, the general striving for it, far from increasing the chances of freedom, becomes the gravest threat to it.” – The Road to Serfdom Friedrich Hayek was an Austrian-British economist and philosopher...

Why the current Inflation is Artificial - A hypothesis for hope.

15 Jun 2022 2 minute read 3 comments Feedmypsyche

I'm gonna start by saying, I am no Economics expert, so please take everything you're reading in this article with a pinch of salt.  I like data, and I like to make sense of data. The point of this article is to raise a hypothesis to create a discuss...