Remove 2008 Remove Government Remove Marketing Remove Operations
article thumbnail

What is the value of digital currency?

Tom Spencer

The value of fiat currency comes from social convention and government decree, which makes it acceptable as a means of payment. Since 1971, when Richard Nixon took the US dollar off the gold standard, market commentators have worried about the ability of the US dollar to act as a reliable store of value. Helicopter money.

Banking 142
article thumbnail

What is digital currency?

Tom Spencer

Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. Over the coming decade, many more digital currencies will be created by entrepreneurs and governments. Reading Time: 6 minutes.

Banking 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The age old tale of financial crises

Tom Spencer

The story of the 2008 financial crisis begins somewhere shortly after the death of Jesus Christ himself. The 2008 financial crisis saw Ben Bernanke, the then chairman of the Federal Reserve, providing money to banks across the United States following the collapse of the housing market and subsequent defaults of mortgage backed securities.

article thumbnail

Research: Perhaps Market Forces Do Work in Health Care After All

Harvard Business

For decades, experts and policy wonks have argued that health care is a uniquely inefficient industry, insulated from conventional market forces that operate in the rest of the economy. Poorly performing hospitals do not feel pressure from patients to improve quality because standard market forces do not apply to health care.

article thumbnail

Cheap money, what is it good for?

Tom Spencer

Mark Carney, Governor of the Bank of England, issued a statement immediately following the result in which he aimed to calm market sentiment. “The Bank of England stands ready to provide more than 250 billion pounds of additional funds through its normal market operations.” ” What did he mean by this?

Banking 60
article thumbnail

Mish's Global Economic Trend Analysis: Political Atom Bomb.

MishTalk

Minyanville Business and Market News. What Has Government Done to Our Money? China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Sitka Pacific. Recent Posts. Featured Links. GoldMoney: The Best Way to Buy Gold & Silver. Dollar Collapse News on the Dollar's Death Spiral.

article thumbnail

Strategy and general business consulting firms in Australia

Tom Spencer

Bain operates in 47 offices across 30 countries. In Ausralia, Bain operates out of Sydney, Melbourne and Perth. Founded in 1963 by Bruce Henderson, BCG operates in more than 75 offices worldwide. In Australia, BCG operates out of Sydney, Canberra, Melbourne and Perth. McKinsey operates in 98 locations worldwide.