So, it might be a couple of read-throughs of this infographic before you really grasp all the subtleties of the Federal Reserve System. Despite its claim, this is not a particularly “visual” guide. However, I think it neatly sums up many of the questions asked about the Fed through text. Basically, the Federal Reserve’s duty is to keep inflation balanced and in a state of not growing too much or too little. While this is almost impossible, it is mostly achieved through setting the federal funds rate, a very important task. Unfortunately, the Fed relies on the judgement of humans, and therefore is not a foolproof system at all. While the Federal Reserve may be irksome at times, it is important to recognize that the nature of the system is meaningful and well intended. Banks need money. The government needs money. The Federal Reserve regulates this money. When you boil it down, these are the basic things that the Fed does. That’s not to say that there are countless other things that consist within their system
In the end, the Federal Reserve should be seen as the middle man trying to make sense of the millions of expenditures that banks and government do everyday.
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There are many reasons why online shopping is the best of all. My two reasons for loving it are that I can do it in my pajamas and that it cures any boredom I may be experiencing at the time–dangerous, I know. While those reasons are fine and good, I think most people can agree that there are other benefits to online shopping. Some of those benefits include avoiding crowds at the mall, the ability to compare rates, more options, etc. By shopping online, not only can you find the most competitive rate on the product you are looking for, but you can also utilize online coupons. This is something I had not considered until reading this infographic.
Apparently, coupons for your favorite stores are pretty easy to come by if you’re willing to look for them (now all I can think about is how many coupons I have been missing out on over the years). The infographic below describes five different ways to seek out coupons that might be floating around our there. Go ahead, abandon your cart for a second and create a coupon strategy! See if you can’t save a buck or two. My guess is that it will pay off. [Rather-Be-Shopping.com/]
For a world that uses as much money in our day-to-day lives as we do, it is sometimes easy to overlook some of the more interesting aspects of currency and even the idea of currency itself. As our world has grown and developed over the thousands of years, so has our currency. Although paper money has been around for thousands of years (some of the earliest being found in China and written about by Marco Polo), some of the earliest forms of currency come in the form of shards of obsidian used in ancient Turkey as far back as 12,000 B.C.
Today’s inforgraphic shows us some interesting facts about money that you may not have known before. For those that collect rare and old forms of currency, sometimes the rarity of the piece is just as important as the age, if not more so. One coin called the 1913 Liberty Head Nickel is worth $3.7 million because it was manufactured by a rogue mint employee who only made 5 coins.
For more intersting facts about money have a look at the infographic below. [Via]
Greetings! My name is Micaela Lacy and I’m the new girl here at Daily Infographic. Since this is my very first post, why not start things off right with a nice cup of tea?
Tea has been an obsession of many for thousands of years. Discovered in Ancient China, the art of making the perfect cup of tea continues to be debated to this day. Even the great George Orwell chimed in with his own tea wisdom, in a detailed essay instructing the masses on how to prepare a proper cup of tea.
The health benefits alone are reason enough to break out the mugs. Increased metabolism rates, cancer fighting antioxidants, and better moods have all been associated with this world-renowned beverage.
Personally, I don’t discriminate when it comes to this drink. Black, green, caffeine-free, every type warms and comforts. But no matter what your preference is, I think you will find that this infographic has a similar effect. It’s got a little of everything. Nutrition facts, history, and those oh-so-important steeping times. I may love all tea equally, but different teas require different types of love.
Who knows, some of the world’s greatest problems might just be solved over nothing more than a decent cup of tea. [Via]
A suburban neighborhood is urban sprawl’s biggest weapon. A large subdivision built a few miles out of town so that residence can be “safe” from the hustle and bustle of the city seems harmless and like a great way to make some money for developers. Years go by, and commercial developers figure out that these residents are living far away from the services they need. These developers build new Wal-Marts, Targets and other big box stores in order to connect the residents of the subdivision with town, and before ya know it, BAM, your little home town is a commercialized, traffic filled suburban city.
It has been commonly believed for years that the wealthy move out of the city and live in the ‘burbs, but according to this infographic, this trend is changing. People are getting smart and realizing that having to drive into town every day is not a fun chore; it would be easier to live in town. This is a great thing. We should be trying to live as close to our goods and services as possible, instead of having the big boxes move to us.
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