Latest Posts with Economics tag

Economics

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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...

The Great Monetary Inflation Continues As the M2 Money Stock Reaches $19T

27 Nov 2020 1 minute read 0 comments ssaurel

The M2 Money Stock has just surpassed $19,000 billion. More than 20% of the circulating U.S. dollar was printed in 2020. More than 60% of the circulating U.S. dollar have been printed since the subprime mortgage crisis in 2008: Is the current moneta...

The Venezuelan Economic Chaos - Part 1

23 Nov 2020 3 minute read 2 comments Juan Molina

  Image Source According to a report from the Central Bank of Venezuela (BCV), the net international reserves of the Republic, as of September 10, registered a balance of US $ 6.322 million, which reflects a decrease of US $ -103.0 million, compared...

Stable coins and Inflation

19 Nov 2020 2 minute read 0 comments Chadayan

Before I start I am not an economic expert. Just a curious enthusiast who is trying to figure out how things work.  Do stable coins create inflation to the fiat currency? This is the doubt I have. Do I have an answer? I don't think so. So If you are...

Don't buy gas from Alpedrinha (or why not to charge foreigners extra)

11 Nov 2020 3 minute read 2 comments RealSociology

A few days ago I bought my first ever bottle of Rubis butane gas from a small gas station just a few metres down the hill on the N18 from the main junction with the MI079. I thought it was a handy location to get gas as it's only about a 5 minut...

Webull, stash, robinhood..

3 Nov 2020 3 minute read 0 comments Blurryface

My fist attempt at trading.. Dear diary,  Stocks are interesting. It's almost as though the stocks find you. Odd huh? I first invested in robinhood. They gave me a free stock in hecla I thought it was cool so I matched the stock and started exploring...

British Prime Minister Proposes New Lockdown in England

31 Oct 2020 1 minute read 1 comment AverageVancouverite

As total confirmed Covid-19 coronavirus cases surge past 1 million nation-wide, British Prime Minister Boris Johnson proposes a new month-long lockdown for England beginning on Thursday November 5th, 2020, and ending on December 2nd, 2020. The Prime...

In Response to a $15/hr Minimum Wage

30 Oct 2020 3 minute read 2 comments Zaliikha

It is true that the minimum wage in the United States is less than fair. Workers must be able to afford adequate housing without incurring a long-term debt. Joe Biden, the current democratic presidential candidate, plans to increase the minimum wage...