Category Finance

Why Gold as a Standard?

For any currency to be viable, it had to have the following 2 features among others: – Higher Stock-to-flow Ratio(which gives it more value) Hardness More about Stock-to-flow ratio and hardness here. Both these were satisfied by the precious metals,…

The year of SPACs.

One of the Buzzwords in finance this year would be SPACs. A SPAC(Special Purpose Acquisition Company), loosely put, is a company that is formed to raise funds from the markets through public offerings and the money is later used to…