Rubaet Arefin Jilan
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Follow my journey as I explore the secrets of wealth-building, smart investments, and business success! Let’s simplify finance together!
Stories (3)
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Shrinkflation Explained: Why You’re Paying More for Less Without Noticing.
Shrinkflation Meaning: What It Is and Why It Matters Shrinkflation is a pricing strategy where companies reduce the size or quantity of a product while keeping its price the same. This often happens when businesses face rising production costs—such as higher prices for raw materials, labor, or transportation—and prefer not to alarm customers with a direct price hike.
By Rubaet Arefin Jilan 10 months ago in Trader
Understanding the Barter System: A Simple Way to Trade Goods and Services
What is the Barter System? At its core, the barter system is a method of exchange where two or more parties trade goods or services directly for other goods or services, without using money. Instead of purchasing items with cash, participants offer something they have in exchange for something they need. It’s like a trade-off: I give you something I don’t need, and you give me something I do.
By Rubaet Arefin Jilan 10 months ago in Trader
Seigniorage: The Hidden Profit of Currency Creation.
Money is a fundamental part of the economy, but how much do we really know about the creation of currency? Seigniorage is a term that describes one of the lesser-known aspects of how currency works. Essentially, it refers to the profit made by a government or central bank when it issues currency, particularly when the cost of producing the currency is far less than its face value. In this article, we'll break down the concept of seigniorage, explain how it works, and explore its effects on both the economy and the people.
By Rubaet Arefin Jilan 10 months ago in Trader
