As online commerce expands, so will the advent and use of digital currencies. Economists are divided over whether such currencies could retain value and whether or not they are sound enough to compete with physical currencies. That won’t stop the techies and those who seek anonymity from developing and using them. As the marketplace becomes more and more virtual, it’s inevitable that currencies will follow.
Since 1986, the cost of tuition at American colleges and universities has risen 498.41% — more than four times faster than the rate of inflation during that period (115.06%). The costs of obtaining a degree are escalating out of control and leaving many graduates with student loans which they are unable to repay. Much of…
Photo by javacolleen Park and preserve protection is also well handled by markets. Privately owned Ravenna Park in Seattle, which was opened in 1887, is a striking example. The park was owned from its opening by George and Oltilde Dorffel, then acquired (as part of a 400 acre parcel) in 1889, and maintained as a…
Photo by Moyan_Brenn 3. France France has been criticizing US foreign policy at least since General Charles de Gaulle’s presidency. The inability to tolerate the Anglo-Saxon US/UK leadership of NATO even caused France to withdraw from this defense organization in the 1960s, partly to appease the Soviets. In recent times, France was especially critical of…
3. The Stock Market Federal Reserve policies often result in inflation. By effecting the supply of money at any given time they are also toying with the value of the dollars in your pocket. Over time inflation causes prices and returns to inflate as well. The results can seriously effect stock prices. While the stock…
Keith Farrell The downing of Malaysian Airlines flight 17 has raised tensions that seemed to be cooling between Vladimir Putin’s Russia and the West. Western leaders have threatened to levy additional sanctions against the Russian economy as finger pointing over the incident continues. The West has joined together to decide just how to punish Russia,…
It isn’t hard to notice an increased sense of entitlement in younger generations today, mine included. It is partly due to a culture of entitlement which pervades American society and demands comfortable, high quality lifestyles without understanding that one should work for what one wants. Ask a teenager what makes a country or a government…