Posts Tagged ‘economist’

“It is not necessary for everyone to become an economist. It is important for everyone to learn how to think like an economist.” -Robert Murphy

Money in the Bank?

Posted: February 9, 2016 in Economics
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“‘Almost a quarter of the world’s gross domestic product (GDP) now comes from countries with negative rates,’ According to an article in The Economist magazine this week.  In Sweden, for example, when you put your money in the bank, you don’t EARN interest anymore.  Instead, you have to PAY more than 1% a year just to keep your money in the bank.” -Steve Sjuggerud

Create Money?

Posted: July 1, 2014 in Economics
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“Why do you need to earn money to create demand when you can just create it?” -Diary of a Rogue Economist