economy

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The Weekly Summary - Personal Finance Edition [Issue 33.0]

23 Nov 2020 1 minute read 16 comments tvlachak $0.66

Issue 33.0 / November 23, 2020 Personal Finance "The economy we knew is probably a thing of the past." - Jerome Powell, US Federal Reserve Chairman. What it took to save $100K in two years. I know about generational wealth, but this is the first tim...

The new paradigm.

10 Nov 2020 1 minute read 2 comments bhok $0.18

With more than 18 million Bitcoins issued, Bitcoin is entering its last phase of emission, with the implications that this entails. Basically, Bitcoin is ending its inflationary stage and entering a deflationary dynamic. To this we must add the absol...

Deflationary Bitcoin economy versus inflationary one

5 Nov 2020 1 minute read 3 comments trobitcoin $0.87

Inflation knocking on the door. Central banks try to save economies with printing money stimulus and quantitative easing. Big piles of money waiting to flood our economies and lives and great decrease of purchasing power 💰 is on the horizon. By the...

Taiwan: World's Most Robust Economy in 2021

3 Nov 2020 1 minute read 0 comments Juan Molina $0.18

  Adverse situations have served to separate the strong from the weak, the ability to overcome stages of personal or collective suffering determines the level of resilience of human beings. We must convince ourselves that this ability is not a heredi...

What could the contested election bring to the stock markets and economy?

3 Nov 2020 2 minute read 0 comments qsyal $0.42

2020 was a year that almost all of us want to forget. wasn't it?We saw a lot of controversies, violence, the drama between Steem and Hive, and most obviously a pandemic that is literally invading the world.However, this year is not over and there is...

British Prime Minister Proposes New Lockdown in England

31 Oct 2020 1 minute read 1 comment AverageVancouverite $0.86

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...

What's Happening Now

30 Oct 2020 1 minute read 0 comments jimstew $0.10

In case you aren't noticing here where your money is today compared to 18 days ago. Asset             Oct 12, 2020    Oct 30, 2020     Difference    Percentage                                                 (12 Noon) S&P 500         3,544           ...

Deflation / Inflation: Musings

30 Oct 2020 4 minute read 4 comments Bit Brain $0.23

This started as a Tweet. Then it grew a little. Then it grew a little more. Now here we are… As the “Musings” in the title suggests, this little monologue is entirely off the top of my head – unapologetically raw in its lack structural planning or fo...

Venezuela: Air Tickets & Inflation

29 Oct 2020 1 minute read 2 comments Juan Molina $0.67

Today 10/29/2020, there was once again an increase in the price of the dollar with respect to the national currency of Venezuela the "Bolivar", placing the exchange rate at 1USD = 540,149.73 Bs. This increase represents a rise of 35.37% compared to...

Grand Paris Express and London Crossrail

29 Oct 2020 1 minute read 0 comments Chadayan $0.06

Two of the big infrastructure projects in Europe. (If you still consider London is in Europe) Currently, about 50% of the population lives in the cities. In 50 years that is going to increase to 70-75%. Are the cities ready for that?   Grand Paris Ex...