Financial FAQ: It's all about the Money
Money is a medium of exchange that is used to facilitate transactions for goods and services. It is a standardized unit of value that is recognized and accepted as a means of payment within a particular country or economic system.
Money serves several important functions in an economy, including serving as a store of value, a unit of account, and a medium of exchange.
There are several different types of money, including physical money (such as coins and paper currency) and digital money (such as electronic funds transferred through bank accounts or payment systems). In most modern economies, physical money is issued and regulated by the government, while digital money is often created and managed by financial institutions or private companies.
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The debt limit, also known as the "debt ceiling," is the maximum amount of debt that the United States government is authorized to borrow.
Posted on January 13, 2023
The story of Tether cryptocurrency, island of stability in a raging crypto ocean
Tether (coin ticker USDT) is a cryptocurrency that is pegged to the value of the US dollar, meaning that for every Tether token issued, there is an equivalent amount of US dollars held in reserve.
Posted on January 10, 2023
The story of Ethereum, the second largest cryptocurrency in the world
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Posted on January 3, 2023
Is crypto a good investment?
Cryptocurrencies, also known as digital or virtual currencies, are a form of decentralized, digital currency that uses cryptography for secure financial transactions.
Posted on December 24, 2022
Where in Europe the cost of living is lowest?
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Posted on December 18, 2022
What does ESG stand for? Let me explain!
ESG stands for Environmental, Social and corporate Governance.
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What is dogecoin and why is it so popular?
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Which universities have the highest number of billionaires among their alumni? Top 10 list!
There is no easy way to become a billionaire, but if you want to boost your chances to get wealthy, you should try to comlete a degree in one of these universities.
Posted on December 4, 2020
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Some countries gave up using their local currencies for different reasons and started using the US dollar as their main currency.
Posted on November 21, 2020
Which countries are members of G7 and G20? The complete lists.
G7 and G20 are international forums that aim to promote economic development, stability and cooperation.
Posted on November 16, 2020
How many billionaires are there in the world?
According to the popular Forbes magazine, there are around 2,200 billionaires in the world as of 2020.
Posted on November 15, 2020
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