Tag Archives: yen

Bitcoin breaks $200, people are really starting to pay attention.

Bitcoin is an important development in world finance. Whatever the end result for Bitcoin, whether, it comes to be seen as completely legit, crashes and then surges again, crashes with no resurgence, or whatever, it is amazing that so many people are willing to depart with dollars, euros, and yen for this new means of exchange.

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The Current Currency War (Infographic)

The major economic players of the world are in the midst of devaluing their currencies, or attempting to. The goal is to increase competitiveness of exports and boost domestic economic activity especially in manufacturing. One of the problems is that this sort of thing often results in price inflation, often damaging inflation and societal disruption. The last big currency war happened in the 1930s.

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Another US and Japanese Money Boom

As the world’s central banks keeping merrily “printing” new currency, it is hard to know how much the money supply is growing. It is especially hard to keep up with it because you have to know how to define the money supply, much less estimate changes to it.

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