money

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Your Heart, Hacked

With the ever-growing usage of interconnected wireless devices, we’re giving hackers more and more ways to disrupt our everyday lives. And now there’s a way for hackers to disrupt your life — literally.

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Hope for the Best, Prepare for the Worst

I can’t stress the importance of being prepared enough. Even if terrorism subsides, cyberattacks cease and the economy rallies to new heights, there’s still the unpredictability of natural disasters. To that end, this week’s articles are all about prepping — why it’s more crucial than ever, where to start and how to do it without spending a dime.

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Central Planning by Central Bankers

In a 2009 article, the Huffington Post went into considerable detail about the number of people with PhD degrees in economics employed by the Board of Governors of the Federal Reserve System. This is the government’s branch of the Federal Reserve. It is not one of the 12 regional Federal Reserve banks, all of which …

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The Bitcoin Dinner Solution

A great technology solves a problem that we didn’t know we had. It makes us aware of deprivations we didn’t know existed until we discover the new thing. Once discovered, we can’t go back. People in the 1950s, for example, never missed the smart phone. They were pleased to have a phone at all. But …

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The Bitcoin Billion-Dollar Discount

When you type a website address into a browser, you might have noticed that the letters “http” appear at the front. “HTTP” stands for Hypertext Transfer Protocol. In typing a Web address, you are actually sending an HTTP command to transmit that website to you. Hypertext Transfer Protocol is the means by which information is …

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Predicting A Future Free Of Dollar Bills

Picture the scene. It’s 2020. You’re at the checkout in a convenience store with a carton of milk. But you’ve got no cash and you’ve left your cards at home. No problem. You scan your right index finger; the green light flashes. Purchase approved and you leave. Easy. Is this a realistic vision of the …

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The Family Is A Machine For Destroying Wealth

People jacked up about income inequality can find a new hobby. The 1% are victims of a doomsday machine, and the countdown is ticking. Machine, thy name is “family.” This came to mind as I was reading a preview of Columbia Professor Andrew Ang’s forthcoming, must-read book on Asset Management. Ang is that oxymoron, an …

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