Category: Economy
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How Small CPU, GPU and Chips Can be? Exploring the Limits of Chip Lithography
In the ever-shrinking world of semiconductor manufacturing, the race to create smaller, faster, and more efficient CPUs is relentless. But how small can we go before we hit the wall of physical limitations? Let’s delve into the fascinating journey towards the theoretical limits of CPU lithography. The Current Frontier As of 2023, the semiconductor industry […]
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How Do Cashback Websites Work?
Cashback websites have become increasingly popular as a way for savvy shoppers to earn money back on their online purchases. If you’ve ever wondered how these sites work and whether they’re too good to be true, this blog post is for you! Let’s break down the process and explore how cashback websites help both shoppers […]
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How “Call Cash Back” Schemes Worked in the UK?
A few years ago in the UK, there was a somewhat unconventional way for people to make money simply by calling certain phone numbers. Known as “call cash back” schemes, these programs allowed individuals to earn cash by spending hours on the phone with premium-rate numbers. It sounds almost too good to be true, right? […]
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How does aliexpress ship it’s products?
AliExpress, a major online retail service based in China, ships its products through various methods. Here’s an overview of how AliExpress typically handles shipping: AliExpress utilizes various shipping methods to deliver products, and the choice between sea or air transportation typically depends on factors like shipping time, cost, and the nature of the items. Here’s […]
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How Do Companies Like ‘We Buy Any Car’ Make Money?
In the vast ecosystem of the automobile industry, there exists a segment of companies that have honed a very specific business model—buying used cars from individuals and reselling them for a profit. You may have heard of “We Buy Any Car” and similar platforms. But have you ever wondered how these companies make money? Let’s […]
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If everyone became a YouTuber, how would the economy function?
In a world where everyone is a YouTuber, the job market would fundamentally transform. Traditional professions such as doctors, engineers, teachers, and countless others might become scarce or even obsolete.
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If humans were multi-planetary, how would the economy work?
The prospect of humans becoming a multi-planetary species has shifted from the realm of science fiction to a real possibility within our lifetimes. While organizations like SpaceX are developing the technology to make this dream a reality, it’s essential to consider the implications this would have on our economic systems and monetary practices. Interplanetary Trade […]
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Can the Global Economy Operate Without Interest?
Interest – the cost of borrowing money or the return earned on an investment – is deeply woven into the fabric of the world’s financial system. It regulates (or controls) spending and saving behaviours, influences the money supply, and incentivizes lenders to provide loans. The thought of a world economy without interest raises intriguing, complex […]