“Inflation is always and everywhere a monetary phenomenon,” Milton Friedman once said. In other words, don’t blame greed – blame the politicians who control the money supply. Ron Paul called inflation ...
However, using a credit card is not limited to offers and benefits, the fine print will exactly determine the impact of card usage. The fine print of a credit card refers to the terms and ...
If there is no gold or silver to back money, how do governments know how much to print? That gets into the dilemmas governments face. On the one hand, the authorities will always be tempted to issue ...
You could lose money in sterling even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges ...