Some people claim that the main reason why gold became money was that women liked it. Others claim that it is the faith that makes us use a certain good as money. By that logic, even water could become money just by virtue of us having faith in it.
Today, the bestknown cryptosystem, i.e. cryptocurrency is Bitcoin. However, not many people recognise the revolutionary potential which cryptosystems entail — the paradigm shift in many social phenomena, not only those of a financial nature.
Last week Bratislava had yet again the honor of hosting some of the world’s leading experts in the subject at the conference entitled ‘The Future of Money 3.0′ organized by the F. A. Hayek Foundation in Hotel Devin on Thursday, November 26, 2015.
Monetary policy is one of the most important issues of our future in the EU. The event “Future of Money 3.0” will join unique personalities from the practical field of investing world and theoretical scholars and visionaries in the field of monetary policy at the same time.
On May 6, 2015, in Bratislava, the F. A. Hayek Foundation organized an international seminar titled: “Gold plating – National Issues vs European Legislation”, reflecting an increasing interest of Slovak stakeholders on the topic of Gold plating.
Gold-plating is a term that describes the process where an EU directive is given additional powers when being transposed into the national laws of member states – a quite common approach in any EU state. The seminar will reflect upon this issue and give an overview of positive approaches on how successful EU countries deal with the problem and what kind of procedures they have implemented. Join F.A.Hayek Foundation on May 6, 2015 in Bratislava!
Nomura believes that this real estate bubble, followed by potential property market correction, could lead to a systemic crisis, and is the biggest risk which China faces in 2014.
The Greek youth unemployment rate soared to 61.4 % which means a new record as well.
Public Power Corporation has reported last week that many Greek households and corporations are not able to fulfil their obligation to pay their electricity bills.