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Continental Congress Federal legislature during the American Revolution (1774-1789). Parallel market A pricing system which uses a foreign currency because the domestic medium of exchange is depreciating rapidly. Consider, for example, the September 11, 2001 disaster. Medicare The national health insurance program for people aged 65 and older, established in 1965.
M Inflation, Economics, Gold Standard
There are exchanges that can accept New Zealand Dollars in exchange for bitcoin, for example. Such loans/mortgages are generally used as an introductory loan/mortgage for a period prior to starting a conventional self-amortizing loan/mortgage.
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Supply, Law of States that when the supply of a good goes up and the demand remains constant, the price of the good tends to go down. Also called communism (arising from the word communea place where people live together and theoretically share equally among themselves). Coti represents the next generation of digital currencies. New Economics The name given to Keynesianism by proponents of the economic doctrines of Lord Keynes. Economic Bubble, bullion, bars of a metal.
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Hard Asset A tangible economic good such as gold, silver, or platinum coins or bars. Charlie Lee Founder of Litecoin Were here for you From our online resources to our responsive customer support team, were committed to providing you the resources you need when it comes to digital currency.
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Most bitcoin traders make their own trades manually just like you would execute ordinary trades. In short, the originary rate is the ratio of currently desired goods relative to future-desired goods, or the rate of interest that must be paid to someone to induce him/her to forgo the use of his/her money today (become a saver). If more money goes out than comes in, there is a negative cash flow.