What is the cycle of money in finance? The life cycle of money is not as quick as that of a butterfly but worth all the attention. You may have noticed that in life everything goes in cycle. Money is not exception. Basically, the life cycle of money is when money goes from being gold … [keep reading..]
Watch all episodes of the Hidden Secrets of Money series here. After watching the series you will have you a good grasp of the history of money and what’s happening with the world financial system these days. You will also see clearly that money goes in cycles. As a result, you can make sound financial … [keep reading..]
Among the benefits of the gold standard, there is one that could have prevented Trump from bombing the Syrian airbase. First, the summary of the event that covered the world with the goose bumps. Last Thursday evening Donald Trump had a dinner and “the most beautiful cake” with the Chinese president in Florida. Something very … [keep reading..]
Purchasing power of the US dollar is a dry topic but it directly shows why you would want to have some gold under your mattress. So, grabbing an overall picture of the dollar’s shrinkage is a must. All right, look at the graph above. What happened? The purchasing power of the dollar since 1913 shrank significantly. … [keep reading..]
Near the end of the “Life cycle of money, on a historic scale” post, I brought up that US dollar is the world’s main reserve currency. Before anything, let’s disassemble “reserve currency”. Reserve currency is the one that is stored in large amounts by many governments and is used outside of national borders to trade … [keep reading..]