Finance

Hyperinflation is not an unusual phenomenon. 33 countries have experienced hyperinflation over the last 100 years of which no less than 22 have experienced it in the past 25 years and 4 in the past 10 years. The United States is one of the few countries to have experienced two currency collapses during its history (1812-1814 and 1861-1865). Could it happen again?

Over the past 12 years saving gold and/or silver has been an 8x - yes, 8 times! - more effective strategy to grow one's wealth than banking money and I believe it will continue to be so for the foreseeable future for four reasons.

There is a difference between inflation and hyperinflation and there is no gradual path from one to the other. To wind up with true hyperinflation, some very bad things have to happen. The government has to completely lose control the populace has to completely lose faith in the system or both at the same time. Are we there yet? Let's take a look.

I am on assignment at the World Economic Forum in Davos, Switzerland. Unfortunately my previous commentaries irked the organizers so profoundly that I was not allowed the intimate access usually accorded friendly members of the media. No matter, I am staying at a pleasant bed and breakfast about an hour and half outside of Davos....[But I digress. Back to the Forum.] Words: 2369

Central banks around the world are getting involved in digital currencies, but some are further ahead than others. In this infographic, we visualize the state of each central banks’ digital currency effort.

Here are a few tips for building an emergency fund to ensure you have some cash at your disposal in case of an emergency expense:

The real strength of this report is not that it is up to the minute, but rather that it offers a snapshot in time along with useful sense of trends in income inequality since the late 1970s, when it began to rise.

NFT stands for “non-fungible token” and hundreds of millions of NFTs are bought and sold each week. Last March, for example, an NFT of a picture on the internet so for $69M on the internet so just what is an non-fungible token?

Fewer Americans are making purchases with cold hard cash, and people with higher incomes are especially likely to embrace the fully “cashless” lifestyle according to a new report by the Pew Research Center.

The spirit of civic pride relies upon a few shared values and that’s exactly what Money’s Best Places to Live list examines. Did your city make the cut?