Oracle Tutoring, Campbell River, BC
(250) 203-6544 (text) or (250) 830-0295 (talk)
Self-tutoring about economics and business since 1970: the tutor looks at the changing value of the US dollar. In 1970, maybe not everyone could buy gold for US $35 per ounce, but central banks could. Today, gold is worth US …
Economics, business, history: the USD in 1970 vs today Read more »
Self-tutoring about economics, business, and oil: the tutor begins about the US dollar. It’s hard to tell what the US federal budget was in 2021. One source says it might have been $6.8T; another, $4.8T. However, it seems easier to …
Economics: the amazing USD, part0: where does it get its lift? Read more »
Self-tutoring about modern economic thinking: the tutor mentions the idea of circular economy. Circular economy is the premise that waste is a material for another process. Therefore, waste isn’t thrown out; instead, it’s consumed. Source: canada.ca
Self-tutoring about economics: the tutor looks at a curious comparison. In 2020, the US budget deficit was 3.13 trillion; Canada’s GDP for that year was 1.65 trillion. That means, in rough figures, that the US government borrowed almost twice Canada’s …
Self-tutoring about the price of gas: the tutor mentions some thoughts. I filled up my wife’s car this morning. I think I recall seeing a price something like 214.9: I was surprised, even having heard it was rising. Whatever it …
Self-tutoring about economics: the tutor recalls a story. When I used to visit family in the Lower Mainland, my uncle – we’ll call him X – was among them. He had a daughter whom we’ll call A: she’s my cousin. …
Self-tutoring about the economic downturn circa 2008, apparently centred in the US: the tutor begins. The economic trouble known as “The Great Recession” in the US may have begun, noticeably, around 2008, and lasted possibly until 2010, depending on which …
Self-tutoring about countries’ balance sheets: the tutor makes a few inquires. Approx. Debt-to-GDP, %, Dec, 2020 EU: 91 France: 116 Germany: 70 UK: 95 US: 128 Canada: 118 Australia: 25 Afghanistan: 8 Congo: 15 Venezuela: 350 In my lifetime, some …
Self-tutoring about economics: the tutor begins about modern monetary theory. Modern Monetary Theory: the concept that, when a country controls its own currency, its ability to spend is limited by inflation rather than by its income. In other words, such …
Self-tutoring: old-time economics students like to track certain relationships. The tutor mentions the US deficit vs GDP. For 2018, the US deficit is estimated at $804B, while its GDP is around 19.4T. In percent, the deficit to GDP is 804 …