Why do Restaurants Cluster?

When you visit an established shopping centre, have you ever wondered how the variety of restaurants survive amid all the competition? Why do such restaurants choose to be located near each other? Wouldn’t sales dwindle due to the close proximity to competitors? It sure seems ironical to be located close to a competitor. Such clustering … Continue reading Why do Restaurants Cluster?

The Federal Reserve and Money Creation Magic

"There are some things money can't buy. For everything else, there's MasterCard" is a famous advertising slogan associated with credit and debit card company, MasterCard. Have you ever wondered how this money is created for you to purchase goods and services? Are all the money in the world just printed from the mint or is … Continue reading The Federal Reserve and Money Creation Magic