That's Interesting
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Emergency German banknote designs
22nd October, 2019“During the first world war and the ensuing economic crisis, many German towns issued notgeld, or emergency money, to combat cash shortages. The designs range from local fairytales and legends to political messages.”
Some fantastic designs pictured in this online gallery, especially one issued by the Braunschweig public transport authority in 1921.
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Has Australia Really Had a 28-Year Expansion?
08th October, 2019“This discrepancy between the growth rate of per capita GDP and the growth rate of GDP implies that population growth has been a key factor for Australia’s economic expansion. A rising population increases the size of the economy, and therefore total output increases, which is reflected in the level of GDP.”
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NPR Planet Money: Fed Cut
01st August, 2019The FED has lowered rates “But this decision by the Fed is controversial because right now the US economy seems to be doing fine — and cutting rates if the economy doesn’t need help is risky. So, should it be lowering rates right now? Today Cardiff and Stacey debate the wisdom and discuss the whys and wherefores of a rate cut now.”
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