Is a dollar today worth the same as tomorrow when you take inflation out of the picture? It’s value in the US is still a dollar but the power that it has against other currencies may have fluctuated. The trading of currencies is a very interesting method of investing. It is very similar to investing in a stock exchange, but the currency exchange is called a foreign exchange (FOREX or FX). There are market makers and brokers also that create a Read the rest of this entry »
One of my friends asked me if the price of both is related to inflation.What I told him can be summed up as the following the reason why that the price of gold and oil is going but is simple. It isn’t because of the supply or the demand. It is because the Value of the dollar is falling. As the dollar is devalued resources form other countries become more expensive and items in the USRead the rest of this entry »
Stagflation, the economy, interest rates, inflation and you.
We can all agree that the United States of America is in a recession. By this point, there have been more then 2 quarters in which there was little to no growth or a decline in the economy.The press is mentioning the word “RECESSION” in every other sentence. Most the of major stock markets have fallen over 11 percent in the last 6 months. Only the president of the US is saying that we are not in a recession, just like there were Read the rest of this entry »
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