The market continues to buzz about Apples $1 trillion market valuation.
It's an incredible amount of wealth creation in any context -- but getting to 12 zeros is especially impressive when you consider that Apple was just 90 days from declaring ...
Continue reading The Road to $1 Trillion: A List of Major Market Cap Milestones
A Pictorial Timeline Explaining How the US Dollar Was Born
Today, we all know the US dollar as an iconic currency that is recognizable to people around the world.
And while we've previously looked at the buying power of the US dollar over time, as well as important events like the Great Depression, we ...
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From Barter to Bitcoin: A Pictorial Look at the History of Money
Today's infographic from Mint.com highlights the history of money, including the many monetary experiments that have taken place since ancient times.
Some innovations have stood the test of time -- precious metals, for example, have been used for ...
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Is a Million Dollars Enough to Last a Lifetime?
Being a millionaire is overrated.
The term itself has quite a few connotations, including many that have been ingrained in us since we were children. Becoming a "millionaire" meant being set for life, and not having to worry about things like ...
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Here’s Proof of Skyrocketing Inflation in Our Most Basic Necessities
The way that economic data is presented, we often think of inflation as a singular number representing a general increase in prices.
For example, it might be reported that nominal GDP growth was 3%, and that inflation was 2%. Since the inflation ...
Continue reading Here’s Proof of Skyrocketing Inflation in Our Most Basic Necessities
Quantifying the Enormity of the US National Debt in Pictures
When numbers get into the billions or trillions, they start to lose context.
The U.S. national debt is one of those numbers. It currently sits at $19.5 trillion, which is actually such a large number that it is truly difficult for the average ...
Continue reading Quantifying the Enormity of the US National Debt in Pictures