which reflects how bad the inflation is in BeijingB. which tells how bad the euro crisis isC. which shows the complexity of mathematical researchD. which stresses how wealthy some people are 2Thanks a million for the trillions!How much money would you need to consider yourself rich?What ...
To get a sense of how much of the world's money is in bitcoins, we must determine the total amount of money. As it turns out, this is not the easiest question to answer. Such a calculation might take into account dozens of categories of wealth, including banknotes, precious metals, mon...
the equity market's influence touches us all, shaping everything from individual retirement plans to national economic policies. The equity market, often called the stock market, is the lifeblood of modern capitalism. In 2024, the global equity market was valued at over $100 trillion...
or about 1.7% of our GDP, according to the Federal Reserve Bank of St. Louis. That was lower much lower than in 1999, when interest payments on federal debt totaled 3% of GDP. Based on that, and even if interest rates were to double from their current lows, the U.S. could afford ...
According to estimates by the Asian Development Bank (ADB), the Asia-Pacific region requires...Hewko, John
Wasted efforts designing and building things that are not needed are resulting in trillions of dollars of value loss annually and an unnecessary environmental burden for one of the most polluting industries in the world.The global capital projects ecosystem is faced with a once-in-a-ge...
Despite being so hot, the corona is less than a millionth as bright as the Sun. As you walk away from a bonfire, you feel less of its heat because you receive less energy due to the inverse square law. Why is the more distant corona so much hotter than parts of the Sun closer to...
The Fed funds rate is, effectively, the price of money. When it changes, much like dropping a rock into the water, the impact ripples out in all directions.— Greg McBride, Bankrate Chief Financial Analyst What is the federal funds rate?
How Much Gold is in the World? Gold has retained its value throughout history, partly due to the fact that it is indestructible. That means that virtually all the gold in the world that has been mined is still around in one form or another. Some of it may have turned into jewelry,...
While we note that none of these explanations have gained universal acclaim in this ongoing debate, it is worth mentioning that the scope of our study and econometric strategy do not require us to distinguish between these different causes of oil price shocks; they enter implicitly in the model...