Thursday, November 5, 2020

Explainer: Why can't governments just print more money?

Explainer: Why can't governments just print more money?

Governments around the world have spent billions this year on their response to the COVID-19 crisis — billions that, before the pandemic, many politicians said countries didn't have or couldn't afford.

* * *

Historically, when countries have simply printed money it leads to period of rising prices — there's too many resources chasing too few goods. Often, this means every day goods become unaffordable for ordinary citizens as the wages they earn quickly become worthless.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooSports
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This may worth something:

Pandemic investing: Saving $10 a week can help start stock market trading - ABC13 Houston
Publisher: ABC13 Houston
Date: 1604611260
Twitter: @ABC13Houston
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9 Successful Money-Making 'Schemes' That Are Actually Legal

Fortunately, the internet has given rise to a whole new method for getting your business idea off the ground without investing one dime of your own money: crowdfunding.

Everyone, at this point, is no doubt aware that bitcoins are worth money ? around $8,800 per coin at last check, but that can change really quickly. However, can anyone really say for certain why? The truth is, things are worth whatever someone else will pay for them, and despite the fact that cryptocurrencies were essentially invented out of thin air less than a decade ago, there are still plenty of people willing to pay for them.

Twitter: @Yahoo
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100 Ways To Make Money Without a 9-to-5

Taking online surveys is one of the easiest ways to earn extra money. And plenty of companies are looking for consumer feedback to improve their products or develop new ones.

Brands hire survey sites to conduct online questionnaires on their behalf, gaining access to precious customer feedback. The sites, in turn, pay you for participating in their surveys. If you really want to rake in the cash, join several survey sites to maximize access to opportunities. SurveySavvy and American Consumer Opinion are just a few of the sites that will pay you to share your thoughts.

Twitter: @Yahoo
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Quite a lot has been going on:

NEW RETIREE ENCOURAGES OTHERS TO FIND HOBBIES AND SAVE MONEY | | djournal.com

DEAR ABBY: A man has been reaching out to me on social media for three years. He claims to be in love with me (after having met me once, briefly), and I think I believe him.

I feel terrible for ignoring him, but my friends and family insist that he is a stalker, and they would never understand if I decided to pursue a relationship with him. I feel paralyzed. What should I do? – Confused out east

DEAR CONFUSED: If a relationship of this magnitude could destroy you emotionally, then I do not recommend pursuing it. Sane individuals who have been ignored for three years usually take the hint and walk away. Listen to your family. What this man has been doing is, to say the least, unusual and could, indeed, be considered stalking.

Publisher: Daily Journal
Date: 2020-11-05T15:36:00-0600
Twitter: @DJournalnow
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5 Best Stories on Real Money: The Election (What Else Was There?) - TheStreet

But while you wait for the final tallies in Nevada, Georgia and those other grayed out states, you don't want to miss out on investment plays or fumble what you're trading right now. 

Jim Cramer explains how the true winner at election time turned out to be growth. Why? If the votes (and they're still getting counted) give us a Republican Senate and a Democratic White House and House, it could be nirvana for growth.

As the count ticks on, Tom Graff gives his take on bonds, how he's investing now, and how he's reading into developing information about the election results. He also shares a piece of timeless advice: Don't let emotions cloud your money decisions.

Publisher: TheStreet
Date: 2020-11-05T19:03:00Z
Author: Adam Smith
Twitter: @thestreet
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Coalition: This is the time to Move Your Money into small banks that care about the community -

For decades, we have entrusted too much of our money to a handful of really big banks that hold power over our communities without giving back, regularly practicing unethical and biased lending practices and catering disproportionately to big, not small, businesses.

In 2020, Massachusetts citizens deposited $286 billion into just three banks: Bank of America, Citizens Bank and State Street Bank. These big banks decide who among us can borrow money, but instead of reinvesting in Massachusetts, they take our money and invest it far away. This is money that is needed to grow our communities and small businesses, which are essential for creating diverse wealth, family wealth and generational wealth.

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Publisher: Cambridge Day
Date: 2020-11-05T04:38:06 00:00
Twitter: @CambridgeDay
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Less money from intelligence contracts to go around | Federal News Network
Publisher: Federal News Network
Date: 2020-11-05T11:55-05:00
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