Money sits at the center of almost every economic decision, yet the way a country sets the value of its money is often misunderstood. One of the most important choices a nation makes is how to manage its #exchange_rate. When a country chooses #currency_floating, it allows the value of its #currency to move freely, guided mainly by supply and demand in the #foreign_exchange_market rather than fixed by an official target. This simple idea has wide effects on prices, trade, inve

In the history of modern business, a few products are remembered less for what they were and more for what they made possible. The home version of Space Invaders, released for the Atari Video Computer System in 1980, belongs to this rare group. The original arcade game had been created by the Japanese company Taito in 1978 and had already become a worldwide phenomenon. When Atari brought it into living rooms two years later, something interesting happened: people did not only