That is the question that many people in the UK are asking themselves, however what does it mean? It is given the name Brexit as the term is an abbreviation for British Exit from the EU. Held on Thursday 23rd of June, British voters (citizens in Britain and the Commonwealth of Nations aged 18+) can … Continue reading To Leave or Not to Leave The EU?
It’s A Wonderful Life, YouTube link to Source (Lanie Hett, 1946). The film is about a man who gives up his dreams in order to help others. On Christmas Eve the intervention of his guardian angle, shows how much he has helped the people in his community and how different it would be had be … Continue reading Two Economic Movies About A Bank Run & A Million Pound Note
The Telegraph reports the Bank of England are developing a new competing currency for Bitcoin, called RSCoin. “[This new currency transfers the] control of money creation from private banks to the state. Arguably, this would make the financial system safer and less prone to boom-bust cycles.” (Evans-Pritchard, 2016). Inflation-induced “boom-bust cycles” arise from monetary policy credit … Continue reading Competing Crypto-Currency, RSCoin