Around 3000 BC, barley, a type of grain, was used for exchanging.The world’s first metal money was developed by the Sumerians who melted silver into small bars all weighing the same. This was around 1000 BC. About three hundred years later, people started using coins as official money....
For example they discovered that stannous chloride is not only great for toughening ruby glass, but if it's mixed with gold, it turns bright purple. Now either your fingers actually are worth their weight in gold, or you've been sprinkling your husband's cereal with gold sodium thiomalate....
Over the weekend, Barclays suffered a major outage, leaving customers unable to make payments or access their money. According to service monitoring website Downdetector, issues for Lloyds and Halifax started at around 7am today, with several hundred people reporting issues with the two apps. The ...
If you re interested in marketing and advertising, Volkswagen s "Think small" campaign for the Beetle when it was first introduced to North America in 1959 looms large as one of the greatest advertising campaigns of all time. It wasn t just a revolution in automotive advertising; it changed...
One of the men, 51-year-old Romelio Riveron, pled guilty in March 2020 to engaging in a conspiracy to launder money.According to court documents, Riveron said he traveled from Miami to Texas and other states to purchase stolen diamonds from the group, buying for below market value to ...
“UPDATE: I contacted Mark Hodder on BlueSky and he was kind enough to give me the low-down. In summary: -“The publisher purchased it as “work for hire” … meaning they owned the character and concept of the brief. The idea was that it would be the first of a series with other...
They will outlaw gold, Bitcoin and cryptocurrency. With CBDC as the only legal money, the WEF stakeholders intend to rule benevolently over all surviving peons. They hope we will all be happy slaves who own nothing but feel thankful to them for saving us from the “failed” experiment of ...
In 1941, Milton Friedman joined the U.S. Treasury Department, working on wartime tax policy during the first two years of World War II. Friedman once noted that his wife "has never forgiven me for the part I played in devising and developing withholding for the income tax." As part of ...
Smith argued against mercantilism and was a major proponent oflaissez-faireeconomic policies. In his first book, "The Theory of Moral Sentiments", Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves using competition, supply and demand, and self-...
In 1893 the US Treasury found itself in a dire situation. The nation used thegold standard, meaning the currency was backed by and redeemable for gold in the treasury. However, a law on the books also required the minting of silver coins at an artificially high fixed ratio to gold. The ...