The government of the United States borrows money to meet its various financial obligations during periods of cash shortage. These include financing its operations, managing […]
Author Archives: Mathew Emmanuel Pineda
Explaining Banking: How Banks Earn Money?
There are different types of transactions transpiring within the realms of banking operations. Examples include saving and borrowing money, depositing and withdrawing money, buying and […]
How Bernard Arnault Got Rich?
Bernard Arnault is one of the wealthiest people in the world. He even surpassed Tesla and SpaceX co-founder Elon Musk in December 2022 when the […]
Explainer: The Purpose of Central Banks
A central bank is a government institution responsible for managing the currency, monetary base or money supply, and interest rates within a country or state. […]
The Business Strategy of Shein: Reasons for Its Success
Shein has became one of the largest fashion retailer in the world in 2022. It is also one of the most successful startups that emerged […]
Keynesian Economics: Defintion and Principles
Keynesian economics is a school of thought in economics comprising several macroeconomic theories based on the work of British economist John Maynard Keynes, specifically in […]
Causes of Inflation: Theories and Explanations
Inflation is a sustained increase in the general price level of goods and services within an economy over a period. Subsequently, an inflation rate corresponds […]
ECHELON Program Explained: Global Surveillance Network
The ECHELON has become a popular word used in media and popular culture to describe an alleged secret global surveillance network developed and operated by […]
Environmental Impacts of Fast Fashion: Studies
Fast fashion has notable advantages but it has been criticized for its numerous drawbacks. These include its unfavorable environmental impacts that demonstrate the ills of […]
Three Tools of Monetary Policy
A monetary policy is a macroeconomic tool utilized by the government through its monetary authority to either expand or contract the economy. It is a […]