Devaluation: What You Need to Know

Devaluation is the deliberate downward adjustment of the value of a country’s money relative to another currency, group of currencies, or currency standard (for NG this would be USD, GBP, and EURO). It is a monetary policy tool to combat trade imbalance. Devaluation helps to reduce the cost of a country’s exports, thereby rendering them… Continue reading Devaluation: What You Need to Know

Dollar Investment 101

Stable currencies are to investments what stew is to rice. For the best results, they absolutely have to go together. This is because your investments are supposed to be long term and if your currency is constantly being devalued, then no matter the returns you’re earning on them, your investments are probably losing, rather than… Continue reading Dollar Investment 101