In the U.S. we think of interest rates as something handed down to banks by the Fed. But what if banks got to decide how much they’d charge? Welcome to the EU.
If you’re saving for retirement you may think you’re already ahead of the pack. But are you making money missteps that could end up costing you?
One of the hardest things to remember when planning for retirement is that every year the buying power of your dollars shrinks. Here’s how to beat inflation once and for all.
It’s your private bank account and what you deposit or take out is nobody’s business, right? Wrong; it isn’t private, and anyone at your bank can make it their business—and the government’s.
For decades India’s government has been trying to force its 1.2 billion people into banks and away from storing their wealth in gold kept at home. Will silver be the ultimate victory?
It’s hard to think anything’s wrong when both groceries and gas are cheap. Yet both industries touch so many others that the ripple effect of dropping prices could be disastrous.
It sounds great: You never have to carry cash again, just pay with your phone. It’s very convenient, until you discover all your virtual “wealth” has vanished.