Category: Cryptocurrencies

Reading List for December 10-12

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Dec 10, 2021
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Economics, Cryptocurrencies, Career, Student Loans
Economics The biggest news this week is the bigger than expected increase in the CPI announced this morning. The 6.8% annualized increase last month is the largest since November 1982. (CNBC) A Wealth of Common Sense’s Ben Carlson looks at the relationship between inflation and interest rates in his latest piece. Will Government Bond yields now rise? Weekly initial unemployment claims drop to the lowest level since 1969. (Reuters) Excess savings from the Pandemic are now dwindling for...

Question of the Day; What percent of 18-29 year olds have invested in, traded or used a cryptocurrency (e.g., Bitcoin or Ether)?

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Nov 28, 2021
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Cryptocurrencies, Question of the Day, Research
Answer: 31% Questions: Have you ever invested in/traded or used a cryptocurrency? Why or why not? Why do you think that more young adults are active with cryptocurrencies than older adults? What are the differences that you see by gender?  Does any of this data about who is trading/investing/using cryptocurrencies surprise you? Explain.  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Pew Research): Roughly...

Reading List for November 12-14

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Nov 12, 2021
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Cryptocurrencies, Investing, Economics
Economics CPI surges in October to 6.2% annual rate. (CNBC) Neil Irwin looks at the psychology of inflation. (NYT – subscription may be required) Wages are rising, but don’t seem to be driving inflation. Productivity is gaining too, and is often overlooked. (Ritholz) The supply chain problem is one big logistics puzzle to be solved. (Vox) Small businesses are at a disadvantage regarding the supply chain, as big retailers tackle transportation for themselves. (WAPO –...

Reading List for November 5-7

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Nov 05, 2021
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Cryptocurrencies, Economics, Financial Scams, Investing, Student Loans
Economics The October jobs report came out and it was good news. 531,000 jobs added, and 100,000 upward revision to August and September. (NPR)(CNBC)  There are still over 4 million fewer people working than before the pandemic. It is now referring to the economy as the “Workers’ Economy.” What does that mean? (NYT – subscription may be required) How the Fed plans to deal with the highest inflation in 30 years. (NPR)   Crypto After fighting crypto, banks are...

Question of the Day: What is the value of cryptocurrency stolen each day on average?

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Oct 31, 2021
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Question of the Day, Cryptocurrencies
Answer: Over $10 million a day! Questions What do you think is safer? Bitcoin or physical currency?  Would you ever invest in bitcoin or another cryptocurrency? Why or why not?  Many people believe that bitcoin and other cryptocurrencies represent the future of money. Do you believe them?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (TechCrunch):  "In the world of...

Reading List for Halloween weekend (2021)

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Oct 29, 2021
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Behavioral Finance, Cryptocurrencies, Economics, Investing, Retirement
Behavioral Finance This short story from NPR’s Morning Report discusses findings about decision making while under the stress of debt. (Cue Squid Games)   Investing It was a big week for earning announcements, with more coming up next week. For comprehensive coverage of the week’s earnings announcements, stock markets, and economy, try this NASDAQ article. Hertz to buy $4 billion worth of Teslas, half to be rented to Uber drivers. (NBC News) For more on the topic, try this...

Reading List for October 22-24

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Oct 22, 2021
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Current Events, Cryptocurrencies, Economics, Investing
Financial Literacy CEE and JumpStart issue new standards to better reflect the digital world. (BusinessWire) Advocacy Read about what is going on in New Mexico regarding mandating personal finance. (Santa Fe New Mexican) Economics There has been a lot of coverage of the (negative) impacts on the economy of the fiscal response to the pandemic. A Wealth of Common Sense takes a “glass half-full” approach to the data instead. (lots of great graphs in this one) One of things...

All About Investing: Planet Money Summer School (continued)

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Sep 18, 2021
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Investing, Behavioral Finance, Cryptocurrencies
The second season of Planet Money Summer School is devoted to investing—perfect for a personal finance class. (Season one was devoted to microeconomics.) Below find a summary of the last three podcasts (the first three sessions were covered last week), each between 35 and 40 minutes long (with ads) along with a few suggested discussion questions. This might make a great lesson for a substitute teacher or a remote assignment.   Session 4: Investing in Bonds   Summary: This...

Reading List for September 10-12

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Sep 10, 2021
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Current Events, Economics, Behavioral Finance, Investing, Cryptocurrencies
As we commemorate the 20th anniversary of the 9/11 attacks, it might be interesting to remember that the stock market closed for four days following the attacks. To learn more about how the stock market/economy reacted to that event, and what lasting impact the event has had over these 20 years, check out this Investopedia article. It might be interesting to have students research and reflect on the impact of the Covid pandemic, both in early days and since then, and see if there are any...

Reading List for Labor Day Weekend (2021)

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Sep 03, 2021
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Current Events, Economics, Investing, Cryptocurrencies, Career, Retirement
A slightly longer list for your holiday weekend reading. Economics Today’s jobs report was disappointing. Only 235,000 jobs added in August (700k+ expected). (Yahoo Finance) Previous months revised upward Unemployment rate drops from 5.4% to 5.2% Wages up, particularly for leisure and hospitality Delta variant seems to be the cause of decline in leisure and hospitality jobs  Listen to the Indicator podcast from Planet Money as Mike Konczal, Director of Macroeconomic Analysis at...

Reading List for August 27-29

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Aug 27, 2021
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Current Events, Economics, Cryptocurrencies, Budgeting, Behavioral Finance, Checking Accounts
Banking Curious about how banks are doing with overdraft fees? Overdraft fees dropped during the pandemic in 2020, but have jumped back up 40% over a year ago. (BankingDive).   Budgeting/Behavioral Finance Ally Bank survey shows about half of adults are not talking discussing finances with their partner and launched a program to try to address this. PRNewsWire Tik-Tok partners with Shopify to add in-app purchase link. Sounds like a dangerous development for users susceptible to FOMO and...

What's New With Cryptocurrencies

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Aug 21, 2021
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Cryptocurrencies, Current Events
The "What's New With..." posts are usually focused on one of the NGPF curriculum unit categories. This one steps outside a bit to hit a topic that is likely of interest to students.  For more background on BitCoin, take an hour to work through the NGPF on-demand PD The Basics of Bitcoin. Headlines El Salvador is making bitcoin legal tender. Some think it is a hoax. President Bukele claims it will increase the proceeds from foreign remittances which currently account for 20% of the...

Question of the Day: Can you name ONE of the top 5 most Googled money questions in 2020?

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Aug 17, 2021
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Question of the Day, Mortgages, Cryptocurrencies
Answer:  How much is my home worth? What is bitcoin? How to write a check? How much house can I afford? Where is my tax refund? Questions: What money question are you most curious about right now? How would you go about answering it? What sources would you turn to? Are you surprised to see any of these top 5 most Googled questions on this list?  Why do you think that two of the top 5 questions relate to housing?  Here's the ready-to-go slides for this Question of the Day...

Reading List for August 13-15

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Aug 13, 2021
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Current Events, Financial Literacy, Economics, Investing, Cryptocurrencies, Student Loans
FinLit/Financial Health Extrapolating data from a collaborative report with LendingClub, “Reality Check: The Paycheck-to-Paycheck Report,” 43 of the 71 million millenials in the US are living paycheck to paycheck, even those with higher incomes. “Per the August report, “Many millennials are beginning to make larger expenditures for the first time, whether that means purchasing a car, taking out a mortgage or preparing financially to have children. These are all...

Reading List for August 6-8

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Aug 06, 2021
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Current Events, Cryptocurrencies, Budgeting, Investing, Economics
Update 8/8/21: Department of Education extends student loan payment freeze one more (last) time until January. (NPR) Financial Literacy This might be a good one to assign to the families of your students: NPR on having family money conversations.   Economics The July jobs report came out this morning and showed an increase of 943,000 and an upward revision of June. Unemployment dropped to 5.4%, wages were up, but labor force participation was largely unchanged. Jobs are still 5.7...