Currency
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Are we in the midst of a global “Currency War”?
- February 5, 2015
- Posted by: Orkan Ozkan
- Category: Currency
1 CommentA significant number of analysts, journalists, and even government officials believe the world is currently at war…but not in the way you may think. They’re referring to a “currency war” – one that is being called a “lose-lose” and a “global race to the bottom”. So what is a currency war, are we in one, and how can
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The US now has $18 trillion in debt. Just how much is 18 trillion?
- December 22, 2014
- Posted by: Orkan Ozkan
- Category: Currency
The United States national debt has reached 18 trillion dollars. Just how large is this number? It can be difficult to visualize such a huge number without putting it into perspective. Here are five examples to help you do so. 1. 18 trillion seconds is equal to 5 billion hours, or 570,398 years. To put that even
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Infographic: “Then vs. Now: What Does $1 Buy You?”
- September 29, 2014
- Posted by: Orkan Ozkan
- Category: Currency
Mashable has created an infographic depicting how much $1 would buy you in the past as compared to what it can buy you in 2014. The introduction reminds us that “The dollar ain’t quite what it used to be.” For example, $1 in 1913 could be used to purchase 4 lbs. of sirloin steak, while today $1 can only
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