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In Yourself You Trust | Ella Hough | TEDxCornell
TEDx Talks 2025-08-21 15:42
Monetary System & Currency - The current monetary system is flawed because governments often spend more than they earn and print more currency, leading to a devaluation of time [8][9] - Over the past 25 years, the US money supply has expanded by 363% [9] - Over the past 54 years, the US dollar has lost 87% of its purchasing power [9] - On average, every year and a half, an entire population of people have lost the time they'd saved when their currency collapsed [10] - Traditional assets like real estate, gold, and art have limitations as stores of value due to issues of acceptability, durability, divisibility, fungibility, portability, and scarcity [11][12][13] Bitcoin as an Alternative - Bitcoin is presented as a finite and scarce money that doesn't leak time, with a fixed supply of 21 million [19][20] - Bitcoin is secure, auditable, immutable, and permissionless, offering a potential solution to the problems of traditional currencies [21][22] - Bitcoin can empower individuals, especially those without access to traditional banking systems, by allowing them to own their wealth and future [22] Investment & Financial Planning - Starting to save and invest early is crucial, as delaying investment by 10 years can halve the potential returns [15] - Saving 20% of monthly income and investing it could result in approximately $4 million after 45 years, assuming a 6% annual return [15] - 94% of Gen Z does not think the current financial system works for them [14]
X @Bloomberg
Bloomberg 2025-08-21 09:35
Market Trends - The dollar is down against every major currency [1] - US stocks are underperforming the world by the most since 1993 [1]
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Bloomberg 2025-08-18 00:22
Malaysia鈥檚 ringgit is poised to restart a rally, potentially hitting its strongest level against the dollar in almost a year https://t.co/BmnNrNTAPa ...
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Bloomberg 2025-08-13 19:34
Monthly inflation in Argentina picked up some momentum last month as regulated price hikes collided with a peso overhang that sparked the currency鈥檚 worst month since 2023 https://t.co/rqdtOjjm6w ...
X @Bitcoin Magazine
Bitcoin Magazine 2025-08-08 17:54
馃嚝馃嚪 France held the world reserve currency for 95 years.馃嚞馃嚙 Britain held the world reserve currency for 105 years.馃嚭馃嚫 USA has held the world reserve currency for 80 years, and may be coming to an end 馃憖#Bitcoin will be the future world reserve currency. https://t.co/HDefdULmqj ...
X @The Economist
The Economist 2025-08-01 23:00
America鈥檚 currency, shares and bonds all plunged after the Liberation Day shock, but they have taken Donald Trump鈥檚 encore in their stride. These charts show how the damage will be distributed the second time around https://t.co/WzoXf1KtrU ...
X @Bloomberg
Bloomberg 2025-07-30 14:32
Risk Assessment - Ghana, Tanzania, and Uganda face the highest risk in Africa of a plunge in their foreign-exchange holdings [1] - This risk is triggered by a sudden fall in gold prices [1] - The plunge in foreign-exchange holdings could potentially put renewed pressure on their currencies [1]
The Chinese have kept the yuan weak to deal with U.S. tariffs, says Michelle Caruso-Cabrera
CNBC Television 2025-07-25 11:29
Trade Agreements and Tariffs - The markets interpret recent trade announcements with Japan and Indonesia as a sign of reduced uncertainty, with tariffs potentially higher but not catastrophic [2] - The expectation is that the US-China trade deadline will be extended, continuing the detente [6] - The EU's meeting with China was described as tense, highlighting concerns about China's overcapacity threatening European industrialization [8][9] - The EU has imposed tariffs as high as 45% on Chinese EVs [13] Currency Impact on Trade - Currency devaluation can offset the inflationary impact of tariffs, as seen with the Chinese yuan against the euro [14] - A weaker dollar, contrary to expectations, has not led to significant inflation [16] Venezuela and Oil Markets - The US administration is reportedly allowing Chevron to resume drilling in Venezuela [18] - This decision aims to increase oil supply by a million barrels, providing leverage regarding Iran and preventing oil price increases [19] - The move is also seen as potentially benefiting the Venezuelan opposition in the future [20]
X @Bloomberg
Bloomberg 2025-07-14 14:45
Betting on Mexico鈥檚 currency has paid off for investors even amid Donald Trump鈥檚 trade war https://t.co/Zxx7INMOMR ...
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Bloomberg 2025-07-04 12:51
Currency Performance - Zimbabwe's gold-backed currency, ZiG, recorded its largest single-day gain against the US dollar this year [1]