Higher Rock Education - Economics Blog

Repair or Replace - Which Makes the Most Sense?

Wednesday, March 21, 2018

Have we grown lazier, or does it make economic sense to replace rather than repair? Click to read more! More

What's In a Bitcoin?

Wednesday, February 07, 2018

Bitcoin is a cryptocurrency that can be used to buy and sell goods and services anonymously, without the involvement of a bank or government. Transactions are tracked by a network of independent computers using blockchain technology. Recently, bitcoin has received much press, not because of its use as a currency, but because its value appreciated over 20,000% in 2017. What is the underlying reason for the appreciation of bitcoin? More

Is Bitcoin Money?

Tuesday, February 06, 2018

Investors of bitcoin are not the faint of heart. Their wild ride took them from a low of $739.55 to a high of $19,870.62 in 2017. (Yahoo Finance) During the ride the value experienced swings greater than 5% in a single day on 240 occasions. (That is the equivalent of the Dow Jones Industrial Average moving approximately 1,000 points in a day.) What caused the huge changes in value? Supply and demand, of course! The demand for bitcoin has been a tug of war between speculators and investors who believe the blockchain technology and the use of bitcoin as a currency is the wave of the future, and prominent economists and investors who believe bitcoin is the next investment bubble. More

Tesla - 4 Points to Consider Before Buying Its Stock or Car

Friday, July 14, 2017

Tesla announced their new Model 3 today. Should you buy a Tesla or even it's stock? Here are 4 points to consider when making your decision. Learn more at Higher Rock Education! More


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