“Because we have decided a unit of money represents a portion of inclusion within the system, when a person accumulates a great deal of money, they also have a greater degree of inclusion or representation.”
Money represents a social agreement, which has implications for how we value wealthy people. Bitcoin replaces the need for this social agreement with technology, and in doing so challenges the values we ascribe to wealth.
Do you ever forget the difference between nominal and real? Do you wonder why financiers analyze Yellen's words like a text from a crush? If so, this is the article for you!
Some would claim that it is human nature to capitalize upon opportunities. Arbitrage was born of this human urge to take advantage of money-making opportunities.
Don't be like this guy and let your money sit in the bank. Start investing with some simple tips!
Regulation in the last few years has made the stock market much less profitable, much to the chagrin of finance professionals (such as the pictured men). Is this a good or bad thing? To answer, we must decide who the stock market exists for.
