If you’ve ever wondered why your expenses are perpetually rising, making life increasingly costly, you’re not alone. Many grapple with the financial strain of escalating costs in virtually every aspect of daily living—from housing and healthcare to education and beyond. While it’s tempting to point fingers at various culprits, one economic factor is a primary […]
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“So you think money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money?” Money. The root of all evil or the fuel of human progress? For centuries, thinkers have debated the moral role of money in society. But no speech captures the essential truth about
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Diving into the world of economics, the theories of John Maynard Keynes stand out, especially when exploring the intricate dance between investor psychology and financial markets. One of Keynes’ most intriguing concepts, the “Beauty Contest,” offers a unique lens through which we can understand the often unpredictable behaviors of investors. This idea not only challenges
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hy·per·in·fla·tion (hīpərənˈflāSHən/) noun monetary inflation occurring at a very high rate. Hyperinflation could have already taken hold when you look at the increase in prices of food, cars, rent, and homes in the past three years. Despite assurances from policymakers that inflation is under control, an objective look at recent economic policies and market behaviors suggests an
Hyperinflation Is Already Here: You Just Haven’t Realized It Yet Read More »
The eighteen lessons about money you will learn in this article intersect the tangible world of finance with the intricate layers of human psychology. The psychology of money isn’t merely about numbers, investments, or savings; it’s about understanding how our perceptions, behaviors, and societal norms influence our decisions with every dollar. As we unpack these
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The way money and finance work in the global economic system tends to make the rich even richer while leaving behind average citizens. Central banks printing vast sums of cheap credit, combined with the deregulation of the banking sector, have created an avalanche of money flooding financial markets. This tidal wave of easy money provides
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The middle class has long been considered the backbone of the American economy, providing stability and fueling growth. However, in recent decades, this once-dominant group has begun to shrink, raising concerns about the future of the nation’s economy and social fabric. This crucial segment of society has faced various challenges that have eroded its financial
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Understanding the genesis of money is crucial for anyone keen on decoding the intricacies of modern economics and finance. The mechanisms of money creation, driven by central banks, commercial banks, and even novel digital currencies, underpin our entire economic system. By delving into the multifaceted processes of how money comes into existence, you’ll gain invaluable
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In an age of low-interest rates paid by banks and unpredictable economic events, keeping your money parked in a bank account may not be the smartest strategy for wealth preservation and growth. The phrase “Cash is King” has lost some validity, giving way to more robust and dynamic financial planning. The key to sustainable financial
Don’t Keep Your Cash In The Bank: 6 Assets That Are Better & Safer Than Cash Read More »
History holds many lessons. Looking back, it’s pretty alarming to note the striking parallels between the Great Depression of the 1930s and today’s economic climate. Echoes from the past seem to be resounding louder than ever. Many people will point to the differences between 2023 versus the Great Depression. Still, they may not remember the
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