Author: EconLearner
If you want to buy a house in Argentina, you better have dollars. Yes, you read that right. Since the Argentine peso has depreciated so radically over the past 75 years, it is not used much by those with real wealth to exchange it in Argentina. The dollar rules. Crucial to the role of the dollar in Argentina’s transactions is that unlike various economic religions, the Fed does not “supply” dollars to Argentina. Dollars circulate in Argentina because there are goods and services worth exchanging there. Monetarists of the various Schools (think Keynesian, Monetarist, Austrian, and Supply Side) imagine money…
By Daman Jeet Singh, its co-founder FunnelKita suite of sales tools helping 18,000+ businesses improve their checkout process. getty Building a team from scratch is not easy at all. Most business owners want a strong team that works efficiently and can help the company grow, but actually forming your ideal team can seem almost impossible. I’m here to tell you it’s not. You can put in the work and create a system that fosters positivity and productivity, which I believe are the foundation for creating a high performing team. I have implemented a few strategies across all of my company’s…
You can have some holiday fun without breaking the bank.getty A new survey by Forbes Advisor found that 36% of Americans expect to spend more this holiday than last year. Consumers plan to spend $875 on gifts, decorations, food and other seasonal items this year according to survey conducted by the National Retail Federation. Here are six holiday hacks I learned as a financial coach to help you spread joy without breaking the bank. 1) Prioritize your top 5 holiday wishes As you think about how much you might spend this season, write down all the things you plan to…
With its latest smartphone, Amsterdam-based Fairphone continues its push to show how the electronics industry can be fairer by demonstrating its principles with a range of smartphones. The latest is the Fairphone 5, which shows this through repairability and the use of sustainable materials. Fairphone 5Ewan Spence Fairphone as a whole, and the Fairphone 5 in particular, it targets these areas with varying degrees of success. How you feel about the Fairphone 5 depends on how you think about the longevity of a device, the resources used in manufacturing and the phone itself. Repairability and longevity The right to repair…
The world of work of 2024 is just around the corner. Are you ready?getty What are the biggest HR trends for 2024? Of course it depends on who you ask. But throughout the year, as I’ve talked to HR professionals and tech companies, these are the topics on everyone’s minds: 1. Yes It’s no surprise that GenAI is set to play a big role in countless HR functions. In 2024 we will use it and leverage it with more wisdom and discretion than we did in 2023. It will play a leading role in our ability to treat employees like…
Black Friday 2023 Sales Predictionsgetty Thanksgiving week brings out all the deals and all the shoppers – representing approx 16.7% of retail sales for the season. With three major shopping days, Thanksgiving, Black Friday and Bank Holiday Monday, retailers see this as the start of the holiday shopping season and expect their books to go from red to black over the weekend. The National Retail Federation estimates that 19% of annual retail sales occur between Black Friday and Christmas. 74% of Americans are expected to shop this week This year it is predicted that 74% of holiday shoppers will spend…
New Coke was introduced on April 23, 1985. Representative Mike Gallagher was born on March 3, 1984. That Gallagher entered the world thirteen months and three weeks before New Coke was launched may be telling. Consider another recent attempt by Gallagher to damage TikTok. In Gallagher’s words, “We know for a fact that the [Chinese Communist Party] uses TikTok to promote its propaganda and censor views that deviate from the party line.” Still trying to make “fetch” happen (look it up), Gallagher’s latest effort to ban TikTok is rooted in his belief that the KKK is using it to brainwash…
Choosing Ai-Genius & AI-Garbage: How to do it? getty Artificial Intelligence (AI) is the rage in business and ventures today. As with other emerging blockbuster technologies, we’ll need to look across the landscape to distinguish between brilliance and mediocrity. Here are five critical questions that may help. #1. Will AI-developed insights improve the venture’s likelihood of success? Entrepreneurship often places a disproportionate emphasis on ideas. ONE Wharton Experiment looked at whether artificial intelligence could generate better ideas than students. The results showed that AI produced a 47% success rate based on ideas that prospective buyers would buy compared to 40%…
Black Friday and Cyber Monday unofficially kick off the holiday shopping rush. Thinking about what to buy your loved ones? Why not consider the gift of financial literacy? In a world of ever-present financial challenges, equipping your family and friends with the knowledge to manage their finances can be a profound and lasting gesture. Here are some thoughtful gift ideas that empower recipients with basic financial skills and knowledge: Board games Among the myriad options available, certain games stand out for their ability to combine fun with basic financial lessons. Monopoly, a classic favorite, offers a dynamic introduction to the…
When we hear the term retiring, we think of someone who is in their 60s, in an old age home, and not able to enjoy the money that …