Economy

Decentralized finance, or DeFi, is similar to but not identical to Bitcoin (BTC). The term "DeFi" refers to financial systems enabled by decentralized blockchain technology. DeFi is mostly linked to the Ethereum (ETH) blockchain and the…

Kondratiev approached the explanation of the great cycles from the point of view of the equilibrium theory. It was not the Marxist philosophical approach that turned out to be his support, but the mechanistic concept: simplifying reality…

The exchange rate of the national currency against other world currencies is one of the most important indicators of the state of the economy. It would seem that any state is interested in having its currency valued as dearly as possible…

The most popular precious metals in metals trading are gold and silver. The latter is strongly linked to the main currencies and the world economy as a whole. Precious metals have long been the medium of exchange between dealers worldwide.…

How to find GDP: what is taken into account when calculating GDP or gross domestic product is measured to assess the state of the country's economy. This takes into account the total volume of products produced on the territory of the…

For many of us who currently work in the Forex business, the word “risk” has become simply a term we’ve learn to live with on daily basis. But for many others, risk is a synonym of fear, especially when it comes to money issues. That is…

The year 2022 is coming to an end, and the time has come for a fresh start in 2023. The end of the year is a great time for traders to review their 2022 trading performance and reflect on how they’ve fared in the market. To take advantage…

While still in a state of primitive savagery, as an individual separated from a primitive herd community, a person already showed increased interest in the result of someone else's work, looking enviously at the most successful foragers.…

In the early 1970s, foreign exchange was a rarely discussed topic. The few market participants who dealt in Forex were primarily multinational banks and currency dealers. Fast-forward 40 years and the world of foreign exchange has changed…

Most governments aim for high economic growth, believing that this will lead their countries to higher standards of living. Through monetary policy, the government attempts to influence aggregate demand by controlling spending and the…