Even if you know just a litte about how our economy works, you might wonder where all the printed money actually ends up. During the pandemic, we brought you articles about how governments are printing money to make up for losses, but where is the printed money actually going? Let’s take a look at that.
You could have heard of central bank digital currencies (CBDCs). It’s also possible that you’ve heard words of praise or criticism, but everything about these currencies is a bit confusing. So let’s take a look at the central bank digital currency that is currently furthest along in its development – the digital yuan (or also
Government loans and incentives have also helped mitigate the effects of the pandemic. This is a very different approach than we experienced in 2008. Let’s take a look at what makes this approach different and how it could help. Why it matters This approach is very different from what we were able to see in
Platon Finance’s economic outlook for 2021 and 2022 markets “Every threat can ultimately become an opportunity” Summary – economic outlook Platon Finance expects the years 2021 and 2022 to present a major challenge, in particular due to the global impact of the COVID-19 pandemic on society as a whole. However, this threat may prove to
Free money is always nice. When you get money for free and you don’t have to do any work for it, it’s a nice fantasy. This money also has its dark side. Let’s take a look at how free money could destroy the economy. The pandemic again We’re talking about it again. If the pandemic
Inflation, a word so familiar to us and associated with a currency we have always known. But did you know that inflation is very often used in connotation with cryptocurrencies? Let’s take a look at how it affects the traditional and token monetary system. A little repetition and something extra We know the term inflation
Companies are seeking protection against economic crisis and inflation. What we told you many times about investing in cryptocurrencies or precious metals is now becoming a trend through companies. Let’s see what made big companies invest in cryptocurrencies. Huge year-on-year decline Banks around the world are facing declining equity performance. Pandemics, restrictions and economic downturns
Inflation spurs growth, at least according to the theory. Let us examine the theory in further detail. The theory goes something like this: Since savers realize the value of their money will erode, they spend more quickly thus stimulating the economy. If we believe tomorrow brings higher prices, we buy today. Basically, we spend before