Tag: wealthtech
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Four Concepts Wealthy Children May Know
We believe experiential learning is most effective in teaching financial concepts, though we accept each child learns differently. Here are four concepts to introduce to your children or loved ones: Counting coins and dollars to learn their value and how more units or heavier weight, does not mean more money. Exchange of goods and services.…
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Financial Repression
In their 2011 paper Former Senior Vice President and World Bank Group Chief Economist Carmen Reinhart, and International Monetary Fund Economist Maria Belen Sbrancia brilliantly explain the “pillars” or economic conditions of financial repression and demonstrate how it is effective in the liquidation of government debt. A term introduced in the 1970’s, financial repression is…