How High Inflation Drives Countries Towards Crypto
What is CryptoCurrency? A cryptocurrency (aka. Crypto), is an alternative form of payment created electronically rather than through government fiat (decree). The idea behind it is that an algorithm...
View ArticleWhy Does China Want to Lower the Value of Its Currency?
The U.S. Labels China a Currency Manipulator On August 5th, 2019, the U.S. Department of the Treasury designated China as a ‘currency manipulator’. China has been on the U.S.’s watch list for quite...
View ArticleHow the Currency Exchange Rate Can Affect Business
In finance, an exchange rate is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in relation to another currency.~Wikipedia...
View ArticleHow has Venezuela’s Bitcoin experiment Fared?
In early 2018, in an effort to fight a collapsing economy and hyperinflationary currency Venezuela decided to jump on the BitCoin bandwagon and create its own cryptocurrency called the Petro. On...
View ArticleThe Price of Oil Denominated in Bitcoin
Over the years we have been saying that it is important to look at prices of various commodities in terms of other commodities. For instance, we have looked at not only the Inflation Adjusted Gasoline...
View ArticleHow Foreign Currencies Act as an Inflation Hedge
One method investors can use to hedge against inflation is investing in a variety of foreign currencies. The key of course is which currencies you choose as an inflation hedge. You need to invest in...
View ArticleIs Bitcoin a Better Inflation Hedge Than Gold?
Proponents of the digital cryptocurrency Bitcoin are touting it as the latest Inflation hedge… perhaps better than gold… but is it? Although gold may fluctuate significantly in the short run, this...
View ArticleHow To Invest In Cryptocurrency: 4 Tips For Beginners To Get Started
Despite bouts of volatility that tend to scare away risk-averse investors, cryptocurrency is more popular than ever, with millennials hoping to cash in on its explosive growth. While legacy coins such...
View ArticleCan the Dollar Retain Its Ultimate Currency Status?”
The following article by Ryan McMaken, author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the...
View ArticleThe Death of the PetroDollar
Earlier this month, the internet was flooded with reports, stating that the “50-year petrodollar agreement” between the United States and Saudi Arabia had expired and that the petrodollar was now dead....
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