Wednesday, January 4, 2012

What is "money"? Is it the same as "currency"? What about gold?

What is money? Everyone talks about it, but what is it exactly? Why did we created it the first place? A lot of people seem to blame money for all the problems in the world, and yet "money makes the world go round". In order to truly understand what is happening today, we must first explore how money came to be, and the purpose it serves. In... Read...
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Citigroup tells it like it is

Income inequality is one of the hottest topics right now - and with good reason, as it has reached record heights, and is continuing to grow. Citigroup, one of the world's largest financial institutions, wrote an excellent report on the subject back in 2005, which can be downloaded in two parts here and here. Even though it was written... Read...
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