Day: October 14, 2022

What Types of People Appear Most on International Currencies?

This post is by Carmen Ang from Visual Capitalist

What types of people are celebrated on the world's money?

What Types of People Appear Most on International Currencies?

On currencies throughout the world, you’ll see everything from revolutionaries to poets featured prominently. But how does this mix of notable people break down quantitatively?

This graphic by NetCredit shows the types of people, by their main occupations and roles, that are featured on banknotes and coins worldwide.

Global Money Features Power

To find out the types of people most featured on money, NetCredit analyzed all the banknotes and coins in circulation in every country across the globe in 2022.

From monarchs to athletes, the analysis found that many types of people appear on banknotes and coins worldwide. In fact, 51 different main occupations and roles were identified, which were then organized into eight overarching categories:

  • Leadership
  • Government
  • Society
  • Sport & Recreation
  • Military & Espionage
  • Religion
  • The Arts
  • Humanity

Here’s a breakdown of all 51 different occupations, and what percentage of worldwide currencies they’re featured on:

OccupationCategory% on Currencies
Head of governmentGovernment20.74%
MilitaryMilitary & Esionage8.22%
PoetThe Arts5.13%
Religious leaderReligion3.02%
AuthorThe Arts2.26%
ArtistThe Arts1.73%
WriterThe Arts1.51%
MusicianThe Arts1.51%
ScientistScience & Humanities1.21%
Movement leaderLeadership0.98%
ExplorerScience & Humanities0.90%
InventorScience & Humanities0.83%
ScholarScience & Humanities0.83%
AthleteSport & Recreation0.60%
Supreme leaderLeadership0.53%
EducatorScience (Read more...)

Team Profile: David Tingle

This post is by Georgian Team from Georgian

What do you do for Georgian?

I work on the Applied Research team, which is a team of machine learning research scientists and engineers who work with Georgian’s customers on an array of high-value projects to help bring AI products to market. As the Engagement Manager, I’m involved in all of those projects, from the very first scoping meetings through to product adoption. 

A big part of my role is building and nurturing strong relationships with our customers and ensuring that we’re working with the right partners and champions within those organizations. There’s also a lot of product strategy involved as well as a fair amount of coordination and logistics to ensure that everything is happening on time and according to plan. I also collaborate with our customers to measure the value of the work that the team delivers.

When did you join Georgian and what were you doing before?

I joined in January 2022. Prior to that I worked at Google helping support the relationships Google has with some of its largest advertising and cloud computing customers, like The Home Depot and Best Buy. My role was to help them and other big retailers execute on technical projects such as running experiments and integrating first party data into Google’s platform products. There, as at Georgian, this involves hands-on technical work, as well as coordinating between various technical and business teams on both sides of the relationship. 

What kinds of projects do you and the Applied Research team work on?

(Read more...)

Visualizing 40 Years of U.S. Interest Rates

This post is by Dorothy Neufeld from Visual Capitalist

The following content is sponsored by Citizens.

Visualizing 40 Years of U.S. Interest Rates

In just six months, the Federal Reserve has hiked interest rates by 300 basis points in one of the fastest rate increases in decades. By the end of 2023, rates could rise to 4.50-4.75%.

Yet in spite of these increases, rates still fall below historical averages.

In Part 1 of our Seizing Capital Opportunities series from Citizens, we show interest rate trends over modern history, and the implications of increasingly hawkish monetary policy in today’s environment.

U.S. Interest Rates: Reversing the Trend

For decades, U.S. interest rates have fallen due to structural factors including slower GDP and employment growth.

But with COVID-19, trillions in fiscal stimulus, and Russia’s invasion of Ukraine, demand dynamics have dramatically shifted. U.S. inflation hit 40-year highs, met with a strong labor market. As a result, the Federal Reserve has made aggressive moves to raise rates to prevent the economy from overheating.

Below, we show average annual 10-year Treasury yields, a proxy for U.S. interest rates, and their annual percentage change since 1980. Data is as of October 5, 2022.

YearAverage U.S.
Interest Rate
Annual Percentage
20132.4% (Read more...)

Apple Killed Growth And Caused Inflation

This post is by Howard Lindzon from Howard Lindzon

Good morning.

Back in 2021 Apple put a stake in the growth of Facebook and it seemed like only Facebook cared.

Facebook CEO Mark Zuckerberg has slammed Apple’s privacy change multiple times and, during Q3 results, stressed that the Cupertino-based company’s new privacy change will adversely affect small businesses.

In April last year, Apple introduced its ATT policy, which forced apps to first ask users before tracking their behaviour across different services for personalised ads. This killed the IDFA (Identifier for Advertisers) tool that is used by apps to track iOS users, leaving advertisers in the dark for having no option to offer targeted ads.

“We believe the impact of iOS overall is a headwind on our business in 2022,” Meta CFO Dave Wehner said on a call with analysts after the company’s fourth-quarter earnings report. “It’s on the order of $10 billion, so it’s a pretty significant headwind for our business,”

I think we can say that Mark was right about how their $10 billion loss was painful for more than just Facebook.

I would guess that most venture backed businesses (at least growth ones) relied on facebook ads to grow their customers. Love it or hate it, that was the way it worked.

Now companies are faced with having to pay a lot more to grow customers. It is the inflation that is not discussed when the world/media/FED discuss inflation.

The cost of customer acquisition is exploding for many.

The inflation that it is causing for ecommerce and (Read more...)