MUNNY!

Its saturday night, and I've got abosolutely nothing to do. Its quite sad really, so I've decided to blog to just err... find something to do.

A lot of people have said recently that they don't know anything about economic markets. They mention that they don't know what things such as CPI, dividends, capital, market capitalisation, and other related things mean. Most of them aren't suprised that I do. But the thing is, I don't really expect anyone else to.

While most people will skip the business section of the paper completely, thats usually the second section I turn to. I think its important to know whats going on around you, and after the things that directly affect you (recent happenings, the ongoing war, how many people died on our roads on the weekend, and of course, the odd spot), the business section is pretty important. Sure, its kind of weird and hard to understand, but since our western societies are based on the fact that we have 'money' which we can exchange for other goods or services of value, and the business section deals with money, its good to actually have a passing knowledge.

Maybe you can just do economics in high school, or maybe you can even do a couple of economics subjects in university, but it'll be better than nothing. These probably won't teach you what you need to know, since most of it is theory, but you need a good theoretical base to apply it in the real world, I guess.

It can be useful to know what effect interest rates will have on your own situation. Other things such as the effect of taxes, consumer confidence, growth in the economy can directly affect you. It can determine what happens in the job market, and thus whether your own skills will be in demand. Now that I'm kind of getting to that stage where getting a job is pretty high priority, I guess its becoming increasingly important. Actually probably most of the people who read this blog are in the same situation.

Another option is to just scrap money, and we wouldn't have to worry about that kind of thing. We'd just rip each other apart for the eggs.