Tag Archives: money secrets

The Gold Standard Explained in 1 Minute

Here is a short video produced by ‘One Minute Economics’ explaining the beginnings of gold minted for trade, the ‘Gold Standard’ and it’s eventual replacement with fiat currencies in 1971. Almost 2600 years ago, the first gold coins were minted and used for trade. Later on, people started storing there gold in well guarded vaults, and bought goods and services using

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7 Money Secrets the Rich Don’t Want You to Know

Ask most personal finance experts and they’ll tell you the secret to becoming rich is no secret at all: Work hard, live below your means and save every dime. The nation’s One Percenters, however, might disagree. There’s no shame in a modest lifestyle — even Warren Buffett lives frugally. But if your goal is to get rich, it’s helpful to know these seven

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