Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. – Milton Friedman
Overall consumer prices in April were 8.3% higher than a year ago, the federal government announced yesterday. This is a slight tick down from March’s peak, so far, of 8.5%, but still part of a dramatic rise in consumer prices that began a year ago.
The run on Tether recalls the 2008 money market scare
Why it matters: If a $64 billion money-market fund posed a systemic risk in 2008, it stands to reason that an $81 billion stablecoin poses a systemic risk in 2022.
The big picture: Stablecoins like Tether are a bit like money market mutual funds, in that, in principle, they both represent fractional ownership of a pool of safe assets.
UNESCO says money spent on education doesn't match its importance
The amount spent on financing education doesn't match the view that education is important, said Priyadarshani Joshi, a research officer on UNESCO's Global Education Monitoring Report team.
Nobody would argue that education isn't important, "but the money does not seem to add up," Joshi told CNBC's Squawk Box Asia last Friday as she spoke about the GEM report published by the United Nations agency in April.
How to Send Money: The 9 Best Ways to Transfer Money | News | yakimaherald.com
Sending money to friends and family is so common nowadays that "Venmo" has entered the lexicon as an actual verb.
This was originally published on The Penny Hoarder , a personal finance website that empowers millions of readers nationwide to make smart decisions with their money through actionable and inspirational advice, and resources about how to make, save and manage money.
Why the Fed Will Go Back to Easy Money
If you're invested in crypto, it's hard not to think about the red ink in your wallet right now as concerns over the U.S. Federal Reserve's interest rate hikes have walloped token prices.
After so many false starts, I'm reluctant to declare that the next cycle is the one in which crypto and Web 3 technologies and ideas rise above the fad-like way in which mainstream investors and businesses otherwise tend to engage with them and instead become more integrated into the global ...
6 Ways To Stop Throwing Your Money Away
Don't throw your money down the drain; grow your business instead through budgeting, doing research, ... [+] and beyond.
Want to stop throwing your money out the window when it comes to your business? If so, you've come to the right place. Let's break down six ways to put an end to the waste. Ready, set, go…
10 Ways To Save Money on a Low Income | GOBankingRates
When your income is low, putting aside money for savings is likely the last thing on your mind.
Find: Surprising Things You Can Buy With Food Stamps
See: 10 Walmart Brands With the Best Bargains in May
In an interview with NPR, Madrian said that making savings automatic, such as having it automatically withdrawn from your paycheck before you even see it, is a proven way to be successful at saving.
Bloomberg - Are you a robot?
10 Tips for Managing Money in the Military - My Home by Freddie Mac
Military personnel and their families can encounter unique circumstances when it comes to managing money and planning for what comes next.
Managing your money wisely can help you save for your future so that you can focus on serving our country while maintaining your financial security
Seems odd to blame inflation on the war in Ukraine when it was already 7.9% when Putin invaded. No mention of mone… https://t.co/Qh0Likqg82 seanonolennon (from New York, NY) Thu May 12 18:55:36 +0000 2022
The Terra blockchain was officially halted at a block height of 7603700. https://t.co/squ5MZ5VDK Terra validators… https://t.co/XPQM3CE7P2 terra_money Thu May 12 16:14:21 +0000 2022
Putin did not cause inflation. The U.S. government did. We printed a lot of money very quickly, and devalued our cu… https://t.co/P5bCkFn4Np TuckerCarlson Fri May 13 01:01:52 +0000 2022
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