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How to Turn a Paperclip into a House

The legend of the “Straw Millionaire”, also known as “Daietsu”, is a Japanese folk tale about a poor man who becomes wealthy through a series of successive trades, starting with a single piece of straw. We set out to determine if there was any truth to this, to determine how possible it is and finally […]

Hyperinflation & The Death of Money

Since 9000 BC we’ve been exchanging things of value for items we need or want. This system of bartering has evolved over time; from the Chinese with their bronze trinkets and the Indians with their cowrie shells to Italian gold florins and Swedish paper money. Over the last few thousands of years, we’ve moved further […]

Wheelbarrows of Money – 5 Times Currencies Crashed

Hyperinflation occurs when a country experiences very high rates of inflation, which erodes the real value of the local currency, and causes the population to minimize their holdings of local money. It is argued that hyperinflation often occurs as a result of some kind of stress on a Government’s budget. This is because the root […]

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