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?
Interest is a market participants preference valuation of present goods to future goods. In which one would prefer $10 now rather than $10 in a months time. The monetary unit here ascribes itself to the lenders compensated assurance of placing a premium on present goods, one would prefer $10 now rather than $10 in a … Continue reading A Billion Dollar Time Premium