Tuesday, August 16, 2011

4 decades of paper money - what next?

If you've been wondering why gold is soaring, check out this article in Forbes, "Nixon's Colossal Monetary Error: The Verdict 40 Years Later".

What I'm curious about is how a trend back towards hard (real) money will impact payments businesses.

The 10 Biggest Lies of B-School

Interesting observations in this article in Forbes.

"Ten years ago, everyone at my school wanted to be a dot com entrepreneur. That didn’t work out so well and most students later went back to being investment bankers or management consultants."

Today from what I can see, the focus is on location based couponing and Groupon clones.