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True Money Supply
The money supply inside a country is the total nominal value of money units ready to be spent in its respective territory. Money is a medium of exchange. This is its ultimate purpose. All other so...
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China Pegging Yuan to Dollar Again?
From June 1995 through the beginning of 2005, the Chinese government was pegging its Currency to the US Dollar. It was producing money (Yuans) to purchase Dollars, fostering a US current account...
View ArticleBitcoin Triples Again; Thoughts on Money and Freedom
Much is being written and talked about when it comes to Bitcoin these days. Smartmoney writes The Bitcoin Triples Again: The world’s fastest-gaining currency has tripled in price again. Last week,...
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