How Central Banks Profit from Crime
"Central banks make outsize profits when they print high-denomination notes, like €500 bills, which criminals prefer." The CSM on how black markets and currency markets benefit each other.
"Central banks make outsize profits when they print high-denomination notes, like €500 bills, which criminals prefer." The CSM on how black markets and currency markets benefit each other. "The demand is high because it is easier to conceal large amounts of money with higher notes. The Euro produces the highest, which attracts international demand as well as within the EU. So, the central bank is profiting by creating money at little cost and selling it back for high premiums. This profit contributes to the central bank’s solvency and therefore helps in preventing a banking crisis."
These five main food groups are important for your brain's health and likely to boost the production of feel-good chemicals.
We all know eating “healthy” food is good for our physical health and can decrease our risk of developing diabetes, cancer, obesity and heart disease. What is not as well known is that eating healthy food is also good for our mental health and can decrease our risk of depression and anxiety.
Infographics show the classes and anxieties in the supposedly classless U.S. economy.
For those of us who follow politics, we’re used to commentators referring to the President’s low approval rating as a surprise given the U.S.'s “booming” economy. This seeming disconnect, however, should really prompt us to reconsider the measurements by which we assess the health of an economy. With a robust U.S. stock market and GDP and low unemployment figures, it’s easy to see why some think all is well. But looking at real U.S. wages, which have remained stagnant—and have, thus, in effect gone down given rising costs from inflation—a very different picture emerges. For the 1%, the economy is booming. For the rest of us, it’s hard to even know where we stand. A recent study by Porch (a home-improvement company) of blue-collar vs. white-collar workers shows how traditional categories are becoming less distinct—the study references "new-collar" workers, who require technical certifications but not college degrees. And a set of recent infographics from CreditLoan capturing the thoughts of America’s middle class as defined by the Pew Research Center shows how confused we are.
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