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Fintech

Why did the US dollar go off the gold standard?
Fintech
August 15, 20201Comments

Why did the US dollar go off the gold standard?

In 1944 in Bretton Woods, New Hampshire, USA, a meeting of 44 countries was held in order to establish agreements and guidelines about the functioning of the world economy after
by Mercury Cash
How does the Currency Swap work in traditional banking?
Fintech
June 20, 20200Comments

How does the Currency Swap work in traditional banking?

A currency swap is defined as a financial contract between two parties, in which it is agreed to exchange resources or obligations of equal value, but in different currencies, within
by Mercury Cash
Why are prices rising? The truth about inflation
Fintech
May 18, 20200Comments

Why are prices rising? The truth about inflation

There are many doubts about why prices rise, in this article, we will explain what inflation is and everything that has to do with it, so that, in this way,
by Mercury Cash
3 Differences between a money transmitter and a bank
Fintech
May 16, 20200Comments

3 Differences between a money transmitter and a bank

One of the most common doubts that financial users have, is about the differences that banks can have compared to money transmitters and how each of them handles our money,
by Mercury Cash
7 disadvantages of traditional bankingvv
Fintech
February 18, 20200Comments

7 disadvantages of traditional banking

Traditional banking is characterized by having a large infrastructure (physical offices) and giving “face-to-face” attention to its customers. Its strategy has been to provide a very close, humane treatment and
by Mercury Cash
Fintech
January 15, 20200Comments

What is a bank really?

In the world of finance, the entities that are responsible for the movement of money, whether in cash, accounts or credit (or debit) cards, are called Banks. In technical language,
by Mercury Cash
How FIAT money is created: Commercial banking money and Central Bank money
Fintech
December 31, 20190Comments

How FIAT money is created: Commercial banking money and Central Bank money

Money is the means or mechanism of payment par excellence in the developed and modern world, however many people do not know how money is really created, in some cases
by Mercury Cash
How FIAT money is created: Open market operations
Fintech
December 28, 20190Comments

How FIAT money is created: Open market operations

One of the most common questions people ask is: How is FIAT money created? In this article we will talk about one of these ways: Open market operations. We will
by Mercury Cash
7 tips from Austrian economist Von Hayek
Fintech
September 28, 20190Comments

7 tips from Austrian economist Von Hayek

Friedrich August Von Hayek, born in Vienna on May 8, 1899, came from a family of Viennese intellectuals, was characterized as a philosopher, jurist and economist. He became known for the defense
by Mercury Cash
The future of the economy according to Von Mises
Fintech
September 23, 20190Comments

The future of the economy according to Von Mises

Ludwig Edler Von Mises, was born in Lemberg, capital of Galitzia in the former Austro-Hungarian Empire, which today corresponds to Ukraine, on September 29, 1881. In 1900 after graduating, he began his
by Mercury Cash
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