Year: 2019

 

What is money?

I’ve explored money before. Some say, “Everybody knows what money is.. so why ask stupid questions about it?” For simpletons, money is coin or cash in hand, or credit in the bank – end off. If that’s you, then kindly depart now. This is not a tutorial on money or how to make money. If you want that sort of knowledge, move on – even more swiftly! NOW! In a survey done in 2014 onlyRead More

Bonds – what they are and their importance

There is much confusion out there about what bonds are. I’ve seen so-called experts get it wrong, and then mislead people. The recent importance of the ‘bond market’ has come about as there is talk about an ‘inverted yield curve’. Not much will be said about that. In this post I focus on the basics. The concepts here may require careful time studying what’s going on.  This post has been revised on 2019-12-01 due toRead More