Central banks today use a few tools to impact economies and manage cycles. However, these tools are sometimes implicated in negative changes to the economy, such as wealth redistribution, inflation,...
Posts by Sidd
Banks are misunderstood and complex entities. At their core, they are simple financial intermediaries - matching savers with borrowers - but over time they’ve branched out into new business...
Currency in the United States went through many forms before the ‘fiat’ dollar we have today. In this post, I’ll cover how 7 major events changed the US dollar and led us to the monetary system...
Modern Monetary Theory is famous for its assertion that money does grow on trees, at least for governments that issue their own currency and debt like the United States. The natural next question...
With the instability of the current economic climate, many of us are considering how we might be able to make a bit of extra coin. When considering long term investment options, the traditionally...
6 Reasons Every Country Uses the US Dollar: Dollarization Explained
While most countries use their own currency within their borders, the US dollar still plays a huge role in the global markets. In this way, the dollar is important for all countries, and important to...