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Hyperinflation: Is it possible that we are close to it?

hyperinflation

The probability of hyperinflation is relatively high mainly due to the monetary policy during the time of global pandemic. The endless printing of money, government incentives and lockdowns outline the possible event of hyperinflation. This can be compared with the economic climate of 1920’s in Germany, during the reign of the Weimar Republic. Why this

The world needs a new financial system – and here’s why

financial system

The financial system we know is outdated and could allow bad things to happen. Let’s take a look how one event showed the wrong side. Greed is bad We have already written to you about what happened to GameStop trading. It was an attempt by investors from the Reddit forum r/WallStreetBets to thwart the plan

Financial crisis can come at any time, you need to be prepared

the financial crisis

Financial crisis can come at any time for each of us. Being able to manage own finances is an important trait that can be learned. Let’s take a look at what to you need to do when handling finances. Financial literacy is important People, who manage their finances themselves, can sometimes be a little lost

Evolution is needed if you want to rise, not physics rules

evolution

How do you imagine evolution of government and finance? Like a huge machine that can work when you set precise rules? Unfortunately, this is not the case. Let’s take a look at what you do wrong when you think about government and money. Evolution, not infinite rules Many people, including politicians, view government as a

Free money – nice fantasy but truth is different

free money

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

What could the future of payments look like?

future payments

Have you ever thought about how the future for finances and payments will look like? Will blockchain and cryptocurrencies prevail, or will we stay with a centralized system? Let’s take a look at what the future of money might look like. Standard Anyone who is interested in finance and has entered into cryptocurrencies has an

We should learn from our history so that we can improve the future

global, world, history

We know the history of cryptocurrencies. Bitcoin was born in 2008 as a response to the financial crisis. Since then more and more people have found their way to cryptocurrencies. Let’s see how cryptocurrencies could shape the future world. The current financial system is great, but only for someone The origin of Bitcoin and cryptocurrencies

In a changing world, you need to think differently so that you don’t lose your savings

global, world, history

The world changes every day and sometimes it’s hard to keep pace. Of course, payment systems and economy are changing as well. The sad truth is that the knowledge you have probably no longer applies. Let’s take a look at how you can change your thought process when dealing with finances, so that you don’t

Is decentralized finance the future of 21st century or a bubble?

banknotes

Decentralized finance is so far thriving in cryptospace. DeFi is evolving in various ways, finding its supporters and opponents. Let’s see where DeFi came from and why some people perceive it as a bubble. DeFi vs. ICO DeFi was created in 2017. Due to the events of this year, people considered it to be another