Economy Archives |

China first paper currency

The 20th century was a rough one for China, the early portion included many incursions with Japan, then outright war.  After WWII China was vulnerable and succumbed to the advent of Communism. In spite of or maybe because of Communism China wants to be recognized as a...

Andrew Jackson

I learned something new today.  Andrew Jackson was the only President of the United States to have no deficit during his reign.  Jackson, who served from 1829-37, was an ardent supporter of keeping banks and government separated. He believed that banks would have...

Staking

What is a staking reward?  Have you even heard of staking or staking rewards? Staking rewards are an incentive that blockchains provide to participants. Each blockchain has a set amount of crypto rewards for validating a block of transactions. When you stake crypto...

Virtual currency

Are you a fan of virtual currencies?  Have you joined the bandwagon of virtual currencies? I admit that I am not.  I did just hear from a Financial Advisor who stumbled upon one of my postings and wanted to get together to discuss the benefits of virtual currencies. ...

Inflation

As I know you are aware we are in a period of increasing inflation.  Now most people here inflation and think prices rise all over and pay, not as much nor as quickly.  In most instances this is correct, most employers on increase pay once a year, or never in some...

Chinese Military

China has been building up its military. At present its navy is the world’s largest, by number of warships, enabling increasingly aggressive maritime posturing in the East and South China seas and the Taiwan Strait. Unfortunately, the US did not prosper in this...

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