Economics

Explaining how inflation, Fed rates, and the economy are related from the lens of a high schooler If I asked you which item you know of, that shot up the most in price in 2022 what would you guess? If you guessed Bitcoin or gold, you guessed wrong! Believe it…

“We believe that by reducing the size of its balance sheet, the ECB’s true purpose is to force Member States to conduct a tighter fiscal policy (besides increasing banks’ profitability).” Eladio Febrero University of Castilla-La Mancha, Spain and Jorge Uxó Complutense University of Madrid, Spain Despite the evidence inflation in…

Recessions. The very word strikes fear into the hearts of people everywhere. With the economy in a tailspin, job losses mounting, and financial insecurity around every corner, it’s no wonder that most of us think of recessions as the worst thing that can happen to us. But what if we…

As I wrote previously here and in my recent news media interviews, the release of ChatGPT and DALL-E 2 could be called the “Big Bang” moment for Artificial Intelligence. All revolutionary technologies have a Big Bang moment. This is when that technology bursts into society, when we see the potential…

Few people paid attention to this event, but in December 2022, President Xi visited Saudi Arabia, where he made several landmark statements: The yuan is officially heading towards becoming a reserve currency. From the local currency, which was used mainly to control the cost of labor within the country, the…