Latest Posts with Economics tag

Economics

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Cuba Opens Economy to More Private Businesses

7 Feb 2021 1 minute read 0 comments AverageVancouverite

With its economy shrinking by 11% last year, the worst decline in almost 3 decades as a result of the Covid-19 coronavirus pandemic that devastated tourism alongside tough sanctions spearheaded by the Untied States of America, Cuba has announced that...

The History of Failed Fiat Currency

25 Jan 2021 3 minute read 1 comment Austin Reihl

Fiat currencies suffer from overprinting - slowly building inflation and resulting in the loss of value. Throughout history, fiat currencies have repeatedly continued to rise until they eventually crash due to devaluation.   In our current financial...

New Show Announcement! Tax Sherpa Stories

18 Jan 2021 1 minute read 0 comments nealmcspadden

Link to the discord show: https://tinyurl.com/taxstories Hey guys, quick announcement, starting Monday the 18th of January at 3:00 PM. Eastern, I am starting a new show called the Tax Sherpa stories. And on this show, I'm going to be talking about,...

The Markets of 2020 - An Inflation Story

6 Jan 2021 4 minute read 0 comments nealmcspadden

I took a minute to look at the federal reserve asset adjusted trends of the S&P 500 and homeowner equity. To my complete lack of surprise, although they are at all-time highs in nominal terms, when you adjust for the fed's asset sheet (i.e. money pri...

Are we going to get a Global Financial Reset soon?

20 Dec 2020 2 minute read 1 comment RealSociology

I've heard talk recently of a new Bretton Woods style global reset, but this time with digital money potentially issued by central banks. It's discussed in this video here in which Bank to the Future founder Simon Dixon, who apparently predicted...

WFP and Zimbabwe Say At Least 7.6 Million Have Fallen into Poverty in 2020

18 Dec 2020 1 minute read 1 comment AverageVancouverite

The United Nations World Food Program (WFP) has made an appeal for 204 million United States dollars to help cover the cost of providing basic nutrition for 6 months for over 4 million people (about 3.5 million in rural areas and 0.55 million in urba...

The Scary Thing About Holding Fiat

17 Dec 2020 1 minute read 2 comments positivitee

  While we celebrate Bitcoin hitting $20,000 again, let's look at the other side of the equation - and that is the US dollar. Why has the USD been so weak against physical assets - gold, silver and also digital currencies like Bitcoin and Ethereum i...

Captain's Log 003: What is the United States?

11 Dec 2020 2 minute read 0 comments Fireside DeFi

Captain's Log 003 December 11, 2020: It's been a rough past few days, haven't remembered to sit down and write much, but there's something that's been bothering me for a while. What is the United States really? You look at a map or satellite imag...

Captain's Log 002: What Can We Actually Do?

4 Dec 2020 5 minute read 0 comments Fireside DeFi

Captain's Log 002: December 3, 2020: These are very choppy waters, I've never seen such violent troughs and explosive peaks before. Each day brings its own set of challenges for many people, but today, the gold market was very strange. Strange, meani...

Captain's Log 001: How Did We Get Here?

3 Dec 2020 6 minute read 0 comments Fireside DeFi

Captain's Log 001: It's December 2, 2020. It's quiet....too quiet. Uncertainty hangs in the air we breathe. City streets once full of people lay barren across the country. Countless small businesses are shuttered, maybe more than 60% of them won't be...