Search content
Sort by
Showing 20 of 61 results by Wesleyeric
What is Inflation
Inflation is the rate at which the prices for goods and services increase. Inflation often affects the buying capacity of consumers. Most Central banks try to limit inflation in order to keep their respective economies functioning efficiently.
There are advantages and disadvantages to inflation.
Causes of Inflation
Inflation is caused by multiple factors, here are a few:
1. Money Supply
Excess currency (money) supply in an economy is one of the primary cause of inflation. This happens when the money supply/circulation in a nation grows above the economic growth, therefore reducing the value of the currency.
In the modern era, countries have shifted from the traditional methods of valuing money with the amount of gold they possessed. Modern methods of money valuation are determined by the amount of currency that is in circulation which is then followed by the public’s perception of the value of that currency.
2. National Debt
There are a number of factors that influence national debt, which include the nations borrowing and spending. In a situation where a country’s debt increases, the respective country is left with two options:
Taxes can be raised internally
Additional money can be printed to pay off the debt
3. Demand-Pull Effect
The demand-pull effect states that in a growing economy as wages increase within an economy, people will have more money to spend on goods and services. The increase in demand for goods and services will result in companies to raise prices that consumers will bear in order to balance supply and demand.
4. Cost-Push Effect
This theory states that when companies face increased input costs on raw materials and wages for manufacturing consumer goods, they will preserve their profitability by passing the increased production cost to the end consumer in the form of increased prices.
5. Exchange Rates
An economy with exposure to foreign markets mostly functions on the basis of the dollar value. In a trading global economy, exchange rates play an important factor in determining the rate of inflation.
The plus side to Inflation
A healthy inflation rate (2-3%) is considered positive because it directly results in increasing wages and corporate profitability and maintains capital flowing in a growing economy.
Steps to offset Inflation and its effects on Your Retirement
Factoring for inflation is an essential process for financial planning. The question is how much will you actually need when you retire? Here are a few ways you can retire financially sound keeping inflation in mind.
1. Invest in long-term investments.
When it comes to long-term investments, spending money now can allow you to benefit from inflation in the future..
2. Save More
Retirement requires more money than one might imagine. The two ways to meet retirement goals are to save more or invest aggressively.
3. Make balanced investments
Though investing in bonds alone feel safer, invest in multiple portfolios. Do not put all your eggs in one basket to outpace inflation.
Deflation
Deflation is generally the decline in the prices for goods and services that occur when the rate of inflation falls below 0%. Deflation will take place naturally, if and when the money supply of an economy is limited.
Deflation in an economy indicates deteriorating conditions. Deflation is normally linked with significant unemployment and low productivity levels of good and services. The term “Deflation” is often mistaken with “disinflation.” While deflation refers to a decrease in the prices of goods and services in an economy, disinflation is when inflation increases at a slower rate.
Deflation can be caused by multiple factors:
1. Structural changes in capital markets
When different companies selling similar goods or services compete, there is a tendency to lower prices to have an edge over the competition.
2. Increased productivity
Innovation and technology enable increased production efficiency which leads to lower prices of goods and services. Some innovations affect the productivity of certain industries and impact the entire economy.
3. Decrease in supply of currency
The decrease in the supply of currency will decrease the prices of goods and services to make it affordable to people.
Effects of Deflation
Deflation may have the following impacts on an economy:
1. Reduction in Business Revenues
In an economy faced with deflation, businesses must drastically reduce the prices of their products or services to stay profitable. As reducing in prices take place, revenues begin to drop.
2. Lowered Wages and Layoffs
When revenues begin to drop, businesses need to find means to reduce their expenses to meet objectives. One way is by reducing wages and cutting jobs. This adversely affects the economy as consumers would now have less to spend.
Inflation & Deflation - : Definition, Causes, Effects, Basics - ClearTax
Inflation is the rate at which the prices for goods and services increase. Inflation often affects the buying capacity of consumers. Most Central banks try to limit inflation in order to keep their respective economies functioning efficiently.
There are advantages and disadvantages to inflation.
Causes of Inflation
Inflation is caused by multiple factors, here are a few:
1. Money Supply
Excess currency (money) supply in an economy is one of the primary cause of inflation. This happens when the money supply/circulation in a nation grows above the economic growth, therefore reducing the value of the currency.
In the modern era, countries have shifted from the traditional methods of valuing money with the amount of gold they possessed. Modern methods of money valuation are determined by the amount of currency that is in circulation which is then followed by the public’s perception of the value of that currency.
2. National Debt
There are a number of factors that influence national debt, which include the nations borrowing and spending. In a situation where a country’s debt increases, the respective country is left with two options:
Taxes can be raised internally
Additional money can be printed to pay off the debt
3. Demand-Pull Effect
The demand-pull effect states that in a growing economy as wages increase within an economy, people will have more money to spend on goods and services. The increase in demand for goods and services will result in companies to raise prices that consumers will bear in order to balance supply and demand.
4. Cost-Push Effect
This theory states that when companies face increased input costs on raw materials and wages for manufacturing consumer goods, they will preserve their profitability by passing the increased production cost to the end consumer in the form of increased prices.
5. Exchange Rates
An economy with exposure to foreign markets mostly functions on the basis of the dollar value. In a trading global economy, exchange rates play an important factor in determining the rate of inflation.
The plus side to Inflation
A healthy inflation rate (2-3%) is considered positive because it directly results in increasing wages and corporate profitability and maintains capital flowing in a growing economy.
Steps to offset Inflation and its effects on Your Retirement
Factoring for inflation is an essential process for financial planning. The question is how much will you actually need when you retire? Here are a few ways you can retire financially sound keeping inflation in mind.
1. Invest in long-term investments.
When it comes to long-term investments, spending money now can allow you to benefit from inflation in the future..
2. Save More
Retirement requires more money than one might imagine. The two ways to meet retirement goals are to save more or invest aggressively.
3. Make balanced investments
Though investing in bonds alone feel safer, invest in multiple portfolios. Do not put all your eggs in one basket to outpace inflation.
Deflation
Deflation is generally the decline in the prices for goods and services that occur when the rate of inflation falls below 0%. Deflation will take place naturally, if and when the money supply of an economy is limited.
Deflation in an economy indicates deteriorating conditions. Deflation is normally linked with significant unemployment and low productivity levels of good and services. The term “Deflation” is often mistaken with “disinflation.” While deflation refers to a decrease in the prices of goods and services in an economy, disinflation is when inflation increases at a slower rate.
Deflation can be caused by multiple factors:
1. Structural changes in capital markets
When different companies selling similar goods or services compete, there is a tendency to lower prices to have an edge over the competition.
2. Increased productivity
Innovation and technology enable increased production efficiency which leads to lower prices of goods and services. Some innovations affect the productivity of certain industries and impact the entire economy.
3. Decrease in supply of currency
The decrease in the supply of currency will decrease the prices of goods and services to make it affordable to people.
Effects of Deflation
Deflation may have the following impacts on an economy:
1. Reduction in Business Revenues
In an economy faced with deflation, businesses must drastically reduce the prices of their products or services to stay profitable. As reducing in prices take place, revenues begin to drop.
2. Lowered Wages and Layoffs
When revenues begin to drop, businesses need to find means to reduce their expenses to meet objectives. One way is by reducing wages and cutting jobs. This adversely affects the economy as consumers would now have less to spend.
Inflation & Deflation - : Definition, Causes, Effects, Basics - ClearTax
⭐ Merited by Argoo (1)
But what is inflation? Inflation is the process by which currencies lose value over time, causing prices of consumer goods to increase. Because most economists believe that some level of inflation is good for the economy, the U.S. government, for instance, has printed more money than consumers actually need for decades. It’s the reason that a Coke that cost a nickel a half-century ago goes for a few dollars today.
Bitcoin, on the other hand, has generally increased in value much faster than the U.S. dollar has lost value — going from virtually worthless in 2010 to more than $20,000 in late 2020. (Because it’s a volatile market, Bitcoin has also seen dramatic spikes and declines, but the trendline over time has been upward.) This has made Bitcoin an increasingly popular hedge against fiat-currency inflation.
The main way Bitcoin is designed to resist inflation is that its supply is limited and known, and the creation of new bitcoin will taper off over time in a predictable way. (There will only ever be 21 million bitcoin, and every four years the amount of bitcoin that is mined is reduced by half.)
A high inflation rate for fiat currencies might lead individuals to invest more in digital money because the dollars or Euros they placed in a savings account are actually losing value over time. Bitcoin and certain other cryptocurrencies like Ethereum offer investors an alternative. The economics of the Bitcoin market are complex, but there are some features designed into the digital currency that may help it to resist inflation.
* Bitcoin can’t be manipulated by governments adjusting interest rates or printing more money to achieve policy goals.
* Like gold and other scarce stores of value, the conventional wisdom around Bitcoin is that it should rise in price in uncertain times. (This has not always been the case, however — at the start of the COVID pandemic for instance, it fell sharply along with the stock market.) It’s also a much more convenient way to store and transmit value than gold — it can simply be sent over the internet.
* Scarcity is one key to making a store of value resistant to inflation. There will never be more than 21 million bitcoin. As of now, approximately 19 million bitcoin have been mined. Around every ten minutes, miners process a new “block” and 6.25 bitcoin are added to the network. (In 2024, the mining reward will drop to 3.125 bitcoin, and will decline by half again every four years until all bitcoin are mined. This mechanism, which is designed into the Bitcoin protocol, is known as the halving.)
* This scheduled tapering of new supply over time makes Bitcoin predictable in unique ways — unlike gold, no new bitcoin can ever be “discovered.”
https://www.coinbase.com › learnWhat is inflation? | Coinbase
Bitcoin, on the other hand, has generally increased in value much faster than the U.S. dollar has lost value — going from virtually worthless in 2010 to more than $20,000 in late 2020. (Because it’s a volatile market, Bitcoin has also seen dramatic spikes and declines, but the trendline over time has been upward.) This has made Bitcoin an increasingly popular hedge against fiat-currency inflation.
The main way Bitcoin is designed to resist inflation is that its supply is limited and known, and the creation of new bitcoin will taper off over time in a predictable way. (There will only ever be 21 million bitcoin, and every four years the amount of bitcoin that is mined is reduced by half.)
A high inflation rate for fiat currencies might lead individuals to invest more in digital money because the dollars or Euros they placed in a savings account are actually losing value over time. Bitcoin and certain other cryptocurrencies like Ethereum offer investors an alternative. The economics of the Bitcoin market are complex, but there are some features designed into the digital currency that may help it to resist inflation.
* Bitcoin can’t be manipulated by governments adjusting interest rates or printing more money to achieve policy goals.
* Like gold and other scarce stores of value, the conventional wisdom around Bitcoin is that it should rise in price in uncertain times. (This has not always been the case, however — at the start of the COVID pandemic for instance, it fell sharply along with the stock market.) It’s also a much more convenient way to store and transmit value than gold — it can simply be sent over the internet.
* Scarcity is one key to making a store of value resistant to inflation. There will never be more than 21 million bitcoin. As of now, approximately 19 million bitcoin have been mined. Around every ten minutes, miners process a new “block” and 6.25 bitcoin are added to the network. (In 2024, the mining reward will drop to 3.125 bitcoin, and will decline by half again every four years until all bitcoin are mined. This mechanism, which is designed into the Bitcoin protocol, is known as the halving.)
* This scheduled tapering of new supply over time makes Bitcoin predictable in unique ways — unlike gold, no new bitcoin can ever be “discovered.”
https://www.coinbase.com › learnWhat is inflation? | Coinbase
Bitcoin wallet is software program where bitcoins are stored. Technically,Bitcoin are stored anywhere. Bitcoin wallet facilitate the sending and receiving of Bitcoin and give ownership of the bitcoin balance to the user. It is not a physical item but a software program. It contains secret key for security. It is also a digital wallet. It is very important to keep your Bitcoin wallet safe by setting a strong password.
Bitcoin , which is often described as cryptocurrency, a digital currency.is a type of money that is completely virtual.
We can Bitcoin to buy product and services,but not all shops accept Bitcoin also some countries banned it altogether.
Bitcoin can be use to buy, send, deposit and also make withdrawals.
In Bitcoin, users can send and receive payments to or from anyone on the network without waiting for an approval from the authorities. Since Bitcoin transactions does not involve government,the cost of transaction will be low. Bitcoin user can pay for their coin anywhere when they internet access. This means those purchases Bitcoin don’t need to go bank or store to buy a product.
Ethic is concerned with the appropriateness of human conduct. Ethic as apply here is concerned with the truth in advertising and marketing as well as reliability of moral conduct.
Investment bank is part of general business and as such it needs ethical function to perform. It is crucial for the economy because if investment banking is not conducted ethically,it will result to investment decision that will lead to waste or gross loss in the economy. It is very important because it reinforce trust and confident in customer.
Feel free to add to it..........
It is a reality that the government has nothing to do about the youths and the new generation of the. I have realized that this country is going back, last year, something happened
END SARS PROTESTS
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQ8TiUdHo5w5pVamOIs7UMklTE5YCBaaWutng&usqp=CAU
I guess the government has realized that the youth has an gene of taking the economic power from the old cargos that is ruling the country with their dead Ideas. The government don’t want to give us a chance to take what belongs to us. People died during the protest fighting for the country.
Who’s the country. The country is the youth, but I have this strong belief that we most take what belongs to us.
WE ARE TAKING THE ECONOMIC POWER(YOUTH)
END SARS PROTESTS
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQ8TiUdHo5w5pVamOIs7UMklTE5YCBaaWutng&usqp=CAU
I guess the government has realized that the youth has an gene of taking the economic power from the old cargos that is ruling the country with their dead Ideas. The government don’t want to give us a chance to take what belongs to us. People died during the protest fighting for the country.
Who’s the country. The country is the youth, but I have this strong belief that we most take what belongs to us.
WE ARE TAKING THE ECONOMIC POWER(YOUTH)
I think it will be a good ideas if satoshi will give us a speech on his innovation,I will kindly like to hear the speech or comments of satoshi about bitcoin, I don’t have a particular point to mention here, He should generalize his comments in all part of his innovative(Bitcoin) this will take bitcoin to $100k and more. Every one will like to see what will happen.
Correctio.
Correctio.
I think it will be a good ideas if satoshi will give us a speech on his innovation,I will kindly like yo hear the speech or comments of satoshi about bitcoin, I don’t have a particular point to mention here, He should generalize his comments in all part of his innovative(Bitcoin) this will take bitcoin to $100k and more. Every one will link to see what will happen.
Yh hey I would like to sell a very large amount of bitcoin like 10000 btc for cash does anyone know where and how I can do that because most of the website have seen always have a limit to the amount of btc you could sell and i would like to sell like 10k btc in one go for money($)
The above question has no particular reply or opinion you can sell to a vendor who know that buy bitcoin from different numbers of people, Ask people around you that introduced you to bitcoin, They have vendors. The you get?
The above question has no particular reply or opinion you can sell to a vendor who know that buy bitcoin from different numbers of people, Ask people around you that introduced you to bitcoin, They have vendors. The you get?
It is well known that all transactions is depending on the fees, but sometimes transactions is faster if when it a lower fees use, like the regular fees, well it depending on how fast you want to the coin to deliver, Use a better fees if you want your transactions to Comfirm faster. Every transaction is depending on how the individual set there fee.
Non of this is a major influence of the affection of the bitcoin price, I will tell you that all this is just depending on the bitcoin as an individual holder, Looks we should understand if a billionaire in dollars comes and buy bitcoin worth of millions of dollars, it will increase the price of bitcoin, I still believe that we are all yet to find out the reason for the price bitcoin that goes high and low.We are yet to get it straight, Let us keep on finding
Well this is nice but to me I don’t really look at the falling and the rising of Bitcoin because I do long term investment, I keep my coins for a reason and I don’t even watch that market until a period of time, But I will advise everyone look at the market and understand the chat flows of the market, at this point the demand of Bitcoin is really high because of the demand of Bitcoin and others fast growing crypto currency’s too.
Bitcoin has a future who so ever that have bitcoin because the next future of bitcoin, we all understand what bitcoin is, not just a currency but and future creator,Now look at what is happening in bitcoin now, the increase is massive, We don’t know what next will happen let do what we need to do concerning bitcoin, I believe in the future of bitcoin.
We all have some advantages in bitcoin,So many people have profited in one way or the other in bitcoin world, You trade bitcoin, And make profits. We all should understand that bitcoin is that best currency in the world, the old come together through the help of bitcoin.
Important of bitcoin to human
1 We use bitcoin for easy transaction
2 We use bitcoin to send money across the country
3 Bitcoin is the fastest means of transactions
4 Not a physical currency, it can not be damage in a wallet.
Bitcoin is the only currency that increase in value, All bitcoin holder has advantages now.
Important of bitcoin to human
1 We use bitcoin for easy transaction
2 We use bitcoin to send money across the country
3 Bitcoin is the fastest means of transactions
4 Not a physical currency, it can not be damage in a wallet.
Bitcoin is the only currency that increase in value, All bitcoin holder has advantages now.
I realized a world that the wise said that, When people are sleeping transactions goes down mostly at night, grate people makes there money at night, no grate man sleep 6pm to 6 am, Bitcoin had a great value even during the COVID-19,If Covid19 happens to continue for 5 years, And the lockdown is still effective in all countries, bitcoin world have been the major currencies see as a medium of exchange, people will be afraid of going to banks of touching money from someone hands or holding physical cash, they will be really afraid of contacting Covid19,bitcoin will continue her transactions even when the countries are not in a good state.
I will say that all bitcoin holders should hold there bitcoin and be observing what is going to happen,But the issue there is nobody knows, Bitcoin is the only stable currency during the Covid19, Other currencies had some little issues one way all the other, But I will say that it a choice, spending or holding it is just based on individual needs, bitcoin will ever stand no matter what happened in the world, as long as is not a physical currency, the power of bitcoin increases in daily basis, Well I will say that bitcoin is the only coin that can link other currencies together, the straight of bitcoin continue to increase as the positivity of the holder increases.
I do notice that some people naturally don’t allow bitcoin in any of their daily transactions or there daily activities even when it faster and easier they still not accept or permit it to there life, they still don’t prefer using it, I have noticed this a lot, Some classes of human,Sometimes when they are to receive money from another country like international transfer sometimes it takes 2 3 days to arrive,They will advise them to use bitcoin and they still don’t accept it even it faster and easier. How can we erase the negative thoughts of people over bitcoin? Nobody has any negative thoughts over dollars or there various currencies, We need to think about it.
With the help of individuals creativity and opinions about bitcoin, Will increase the bitcoin market, And when every one increase the positive activity in there various part of bitcoin world, It will enhance the growth of bitcoin, Bitcoin is under our care, We are to decide what we want in bitcoin,To move higher or lower, we are to decide.And we should remember that the future of bitcoin is in the hands of new Beginners.
The law of back reactions in bitcoin.If a bank transaction was sent to a wrong account, that transaction can easily be reversed by the help of a customer service. It will be a plus to blockchain if a mistake in transactions happens like sending coin to a wrong address and it can be reversed.It will be nice if that can happen, Some many people here have really lost some money because of some mistakes in address.
The flexibility of bitcoin needs a backward reaction, A transaction that can easily be reversed if any mistake comes up,Bitcoin is growing and moving so fast that about 70 percent of world will ready to have bitcoin as a coin in there wallet.
The flexibility of bitcoin needs a backward reaction, A transaction that can easily be reversed if any mistake comes up,Bitcoin is growing and moving so fast that about 70 percent of world will ready to have bitcoin as a coin in there wallet.
Yes what ever you see or hear, You just need to be taken note Of it, It will really be accomplished when the time comes, there is no particular time for anything in bitcoin, it happens when ever it time, No need to be waiting or expecting, Bitcoin is hundred percent, Just keep on looking and getting your information from your source ok