World Paper Money To Be Changed By Electronic-Electronic ForexOver the last couple of weeks, everybody has been weighing in about Bitcoin, the digital forex that might be the money of the future, or a bubble bursting correct in entrance of us. Following being worth only $30 in March, on Wednesday, Bitcoin reached an all time higher of $266, then plummeting to just more than $100 in a few hours, and now stabilizing around $120. When Bitcoin's price started to increase unexpectedly, it grew to become the one thing everyone in Silicon Valley was talking about. (For these who don't know what Bitcoin is, this video describes it completely in 3 minutes).
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12/22: (Re-edit of the twelve/21 podcast) Andrew Feldman is joined by two of the greatest names in poker in 2012. Bluff's Player of the Year, Marvin Rettenmaier, and Antonio Esfandiari. [Visit Web site] [Download MP3].
12/11: Episode 11. Due to some logistical conflicts we found ourselves without a guest this 7 days, but what you get rather is lots of strategy talk and a cameo from Gareth Chantler. [Visit Web site] [Download MP3].
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These projections would appear to indicate that the present guidelines of the Fed are not helping the economic climate to recover, and are merely sustaining it artificially. The Keynesian college of economics describes this through the concept of a liquidity lure, whilst the Austrian school of economics explains this get more info via the idea of malinvestment.