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.
If you’re used to saving money, unfortunately it’s probably no longer the best form of creating a financial reserve. The reason for this is inflation, which is slowly but surely devaluing the purchasing power of assets. If you have saved up a sum of money, it is definitely no longer a good idea keeping it
Would you rather have your country or the European Union regulate finance? This is exactly the question asked in a Euronews poll, which yielded interesting results. The survey was carried out between 4 and 10 August and involved 31 000 respondents in 12 EU Member States: Estonia, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, the
Most of you probably remember the 2008 financial crisis. But the passage of time may have made you wonder whether governments really solved the crisis then, or whether something else was at work. The media may have said that everything is on track, but is that really the case? Let’s take a look at it.
Digital currencies have come into our world suddenly and are becoming more and more popular and widespread. At the same time, there are also concerns about how they may disrupt the traditional financial system we have known for many years. However, the present and future of digital currencies is changing rapidly. Let’s take a look
Central banks are the cornerstone of our times. They have not been around since the beginning of time (it seems), but have entered our history relatively recently. How central banks came to be, however, is an interesting insight into history. Let’s take a look at selected time periods of their history. Charles I. As an
Inflation hits us every day and it makes money disappear from our accounts. Prices keep rising and it has a big impact on everyone, especially individuals and families on lower incomes. This July alone, inflation in the Czech Republic reached 3.4%. Is there any way to fight inflation? Let’s take a look at it Reasons
You have probably not missed the news about adoption of Bitcoin as legal tender in El Salvador. However, El Salvador needs help with technical problems, so it has asked for help from the World Bank, among others. But the latter is refusing to help El Salvador, allegedly because of environmental concerns. However, Let’s take a
Every business has a geographical footprint. Every business has also been affected by the pandemic. However, as time passes, the pandemic will probably come to an end and it is an important time for companies to decide which way forward. There are several aspects that can be said about the future of businesses. Let’s take
Central banks are beginning to race to develop their own digital currencies, but it is important to know that these are not the same digital currencies as cryptocurrencies. Let’s take a look at it. CBDC can be linked to stablecoins Many central bank digital currencies that currently exist or are in development are designed around
The G7 Summit was held in Cornwall, England, between 11 and 13 June this year. Leaders discussed a wide range of pressing issues, including pandemics, pandemic preparedness and economic recovery, geopolitical challenges and foreign affairs, trade and development, promoting open societies and democratic values, as well as tackling climate change and protecting the environment. The
The ideal strategy for a retail investor or any investor in fact is to buy during every downturn (buy the dip) and refuse to sell (diamond hands), until new highs. It is easier said than done. Let’s take a look at what is difference between Wall Street investors and retail investors strategies. How retail makes