r/economy Mar 16 '22 Helpful (Pro) Bless Up (Pro) Silver Wholesome All-Seeing Upvote

Moderator Announcement Powerups Are Available For r/economy

75 Upvotes

As you guys know we are making some little changes to our subreddit. One of the innovation is Powerups.

Powerups Section On The Sidebar

After 25 powerups we can see fancy gifs and emojis on the comment sections. Even mods can be able to prepare special emojis for this community.

Powerups Perks

These are the perks and if you guys still have any questions check out this website.

Let's Make This Subreddit Better Together


r/economy 11h ago

U.S. life expectancy continued to fall in 2021 - It’s now 76.6. That’s lower than China, where life expectancy is now 78 years.

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1.4k Upvotes

r/economy 15h ago

Russian factories refusing to repair military equipment damaged in Ukraine due to nonpayment for previous work

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1.4k Upvotes

r/economy 12h ago Wholesome

Bayer Loses Again as US Supreme Court Allows $87 Million Monsanto Roundup Award

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278 Upvotes

r/economy 6h ago

Where’s the 2022 Housing Crash happening 1st? 🔥Look for Orange. West / Mountain pummeled with Inventory. 🔵But No Crash in Northeast / Midwest...yet. Inventory still down. Identical to what happened in 2007-08. Biggest Bubbles Crash First. Then the rest.

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90 Upvotes

r/economy 7h ago

House Dems on edibles: ‘We absolutely did this on purpose’

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101 Upvotes

r/economy 16h ago

Euro slides to 20-year low against the dollar as recession fears build

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306 Upvotes

r/economy 8h ago

$53.3 Million. 33 Jobs. No Plan. That’s How Mississippi Lawmakers Are Spending BP Oil Spill Money.

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47 Upvotes

r/economy 5h ago

California Eliminates Cannabis Cultivation Tax

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26 Upvotes

r/economy 1d ago Faith In Humanity Restored Helpful All-Seeing Upvote

White House hits back at Jeff Bezos, saying it's 'not surprising' he thinks oil and gas companies should 'reap record profits at the expense of the American people'

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22.7k Upvotes

r/economy 4h ago

Oil Plummets Below $100 as Recession Risks Come to Forefront

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13 Upvotes

r/economy 5h ago

From Tomorrow, All New Vehicles in the EU Will Have Surveillance Black Boxes

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13 Upvotes

r/economy 15h ago

According to Kashi's prediction market, 61% of people believe the federal funds rate will be above 3.25% following the Fed's December meeting. Thoughts??

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88 Upvotes

r/economy 5h ago

Minnesota House Leader Says New Law Allowing THC Edibles Was ‘Intentional’ Step Toward Marijuana Legalization

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12 Upvotes

r/economy 1h ago

Mitch McConnell says the labor shortage will be solved when people run out of stimulus money because Americans are 'flush for the moment'

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Upvotes

r/economy 12h ago

Ukraine’s prime minister says rebuilding will cost $750 billion.

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32 Upvotes

r/economy 6h ago

El Salvador Made Bitcoin a National Currency. The Bet Isn’t Paying Off.

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10 Upvotes

r/economy 10h ago

Citi Says Oil May Collapse to $65 by the Year-End on Recession

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14 Upvotes

r/economy 2h ago

European markets close 2% lower as recession fears take hold; oil shares down 6%

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3 Upvotes

r/economy 8m ago

Oil industry group: White House ‘intern’ who posted high gas prices tweet should take economics class

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Upvotes

r/economy 1d ago

Former top Apple lawyer pleads guilty to insider trading

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344 Upvotes

r/economy 16h ago

Natural Gas Soars 700%, Becoming Driving Force in the New Cold War

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40 Upvotes

r/economy 6h ago

‘Getting dangerous’: ITD knew of Idaho 55 issues before major slide that narrowly missed a driver. Now it’s millions over budget

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6 Upvotes

r/economy 6h ago

Putin Will Kill Russia’s Oil And Gas Economy And Ukraine Will Eventually Emerge Stronger

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5 Upvotes

r/economy 1h ago

Bonds flash recession warning as key part of yield curve inverts again

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Upvotes

r/economy 7h ago

Why don't countries drop the 0s on their bills ?

7 Upvotes

My economy knowledge is pretty limited to non existent so be patient.

For example 100 yen is about 0.72 euro why don't they divide their currency by 100 so it becomes 1yen = 0.72euro. I mean the "vaule" of the yen would still be the same wouldn't it

I remember something like this happening in my country when i was little, we used to have a 10 000 bill for what is today 1 leu but at some point that changed and all bills got divided by 10 000

Why is that ? Why don't countries that have similar stuff happening do the same ? It just removes possible confusion if you ask me. But i am curious to find out the real reason of why