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In 2010, a programmer named Laszlo Hanyecz made what would become one of the most iconic transactions in cryptocurrency history: he paid 10,000 bitcoins for two pizzas. At that time, the value of those bitcoins was nominal, but fast forward to today, and those pizzas would be worth hundreds
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The author of the book is an Italian economist with plenty of experience in innovative monetary and fiscal policy practices. She worked at the IMF, universities and even the Department of the Treasury (in Italy). The book takes the reader through a journey, that often feels academic, to cover all
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Wings of Wealth is a series of interviews with the Wealthy Parrot readers, focusing on their experiences and insights regarding financial freedom. If you want to tell your story, feel free to write me to info@wealthyparrot.com. Hi Peter and welcome to Wealthy Parrot! Can you start by briefly
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Over the summer, one of the main battles unfolded at box offices worldwide: Barbie vs. Oppenheimer. The movies delve into vastly different topics, with Barbie, unsurprisingly, exploring the world of the iconic doll, and Oppenheimer focusing on the story behind the atomic bomb. However, both films received rave reviews, grossed
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Hello, financial aficionados! By now, you've likely heard about the GameStop drama that took place in early 2021. If you haven't (were you living under a rock?), get ready for a deep dive into one of the stock market's wildest tales. But before we
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As many people around the world have just finished their summer vacations, I thought reflecting a bit on summer spending habits could be useful. This is because summer, with its sunlit days and beckoning beaches, tends to tease out the spender in many of us. The unexpected cost of warmer
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Welcome to your one-stop resource for understanding the complex world of central banking, where we'll be peeling back the layers to examine the roles and functions of these financial titans. We're diving deep into what a central bank is, what function it performs and use examples
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In the past couple years, Governments and Central banks have been busy adjusting their fiscal and monetary policies, to absorb the different financial and economic shocks caused by a plethora of global events (the COVID-19 pandemic, raw material shortages, geopolitical issues, etc.). Therefore I thought it might be useful to
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When we speak of the Great Recession, we recall a period of profound economic turmoil that spanned from December 2007 to June 2009. The markets plunged, unemployment soared, and many industries crumbled under the weight of financial collapse. The Dow Jones Industrial Average took a breathtaking nosedive, plummeting 53.78%
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Did you know that during the Great Recession of 2008, the S&P 500 index plummeted by a staggering 57%? It was a scenario that caused sleepless nights and financial anxiety for many. In times of economic turmoil, protecting your investments becomes more critical than ever. That's
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The global population is undergoing a significant transformation, characterized by a remarkable increase in the number of seniors. By 2050, it is projected that the world will be home to 2.1 billion seniors, a staggering figure that demands attention and understanding of the economics involved. In the past this
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Wings of Wealth is a series of interviews with the Wealthy Parrot readers, focusing on their experiences and insights regarding financial freedom. If you want to tell your story, feel free to write me to info@wealthyparrot.com. Hi Ludwig and welcome to the Wealthy Parrot! As you know, we