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James Naismith invented the game we call basketball in 1891 while working as a physical education instructor at the YMCA in Springfield Massachusetts. Naismith was directed by his Superior to create a game to keep the students occupied during class. By examining different sports he came up with the game basketball.
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Inflation raises prices, lowering your purchasing power. It also lowers the values of pensions, savings, and Treasury notes. Assets such as real estate and collectibles usually keep up with inflation. Variable interest rates on loans increase during inflation.
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19, off the coast of Nova Scotia, it engaged the British frigate Guerriere in battle. ... Upon seeing this sight, one of the crewmen on board the Constitution exclaimed: “Huzza, her sides are made of iron!” Thus, the legendary nickname “Old Ironsides” was born.
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