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Most people, particularly economists, are unaware of not just what money is, but also how and why it came to be a part of our economy in the first place.
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During a recent speech, Vice President Joe Biden blamed inflation on firms raising prices and urged them that they needed to decrease their business costs while increasing wages. The math is up to you.
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Why Does the War Require a Balanced Approach?
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The recent depreciation of the pound is the latest in a long line of traumatic incidents for successive UK governments. British politicians were repeatedly confronted with the terrible threat of currency depreciation during the postwar era of 'fixed but changeable' exchange rates.
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That has to hurt.
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The existing monetary and fiscal policies are self-destructive.
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'It's been great knowing you, even if I die in inexplicable circumstances.'
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Many believe that regulating Big Tech cedes leadership to China, yet the best protection for America is a thriving startup environment.
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According to fresh statistics from Glassnode, bitcoin is down roughly 55% from its November high, and 40% of investors are now underwater on their investments.