Over the past 10+ years of unprecedented central bank liquidity creation, traditional thinking about monetary policy, financial markets, and government intervention in those markets has been turned on its head.…
Money
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Austria has had a long history of minting precious metal coins. From the time of the Maria Theresa Thaler, Austrian coins have been frequently used in international trade and have…
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For decades, American investors have been urged to invest in stock markets. Investing in stocks has been touted as the key to growing wealth and being able to live comfortably…
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With the creation of the German Empire in 1871, a new monetary system was introduced to the kingdoms, duchies, and principalities that made up the new empire. The old silver-based…
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Zimbabwe has become synonymous in recent years with inflation. Its hyperinflationary crisis in 2009 was so bad that the Zimbabwean dollar was eventually abandoned when it reached an exchange rate…
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The 1980s were golden for gold investors, with mints around the world seeking to capitalize on gold’s rising price and the re-opening of the US gold market in 1975 to…
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Italy is quickly developing a reputation as the new sick man of Europe. While the hubbub several years ago about Greece and the peripheral EU member states dragging down the…
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A recent document from the Financial Literacy and Education Commission has recommended that colleges should provide mandatory courses in financial literacy. Part of the reason behind this is the fact…
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It’s well known that the US dollar was originally modeled off the Spanish milled dollar, or “piece of eight.” And it’s also well known that the name “dollar” came from…
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Millennials Worse Off Than Previous Generations: What Effect Will That Have on the US Economy?
The millennial generation, those born between about 1981 and 2000, has finally come of age. Older millennials are beginning to reach their peak earning years, starting families and buying homes.…