Even a low, stable, and easily predictable rate of inflation, which some consider otherwise optimal, may lead to serious problems in the economy. That’s because of how, where, and when the new money enters the economy. Whenever new money andcreditenter the economy, it is always in the ...
One of the few times we got robbed during our year-long honeymoon was at a bus station in Peru: we looked away from our pile of bags for .002 seconds and almost lost the theif carrying our bag in the crowd as he hurried away! Thankfully, Jeremy is a hero and managed to retrieve...
Copper: Highly conductive and so widely used for electrical wiring, plumbing, and industrial machinery. Copper is mined worldwide, most notably inChina, Peru, and Chile. Iron Ore: One of the rawest forms of metal commodities. At present, Australia has the largest iron ore reserves with over...
The indicator used to measure circularity is based on the share of secondary raw materials reintroduced into the economy. It has proved to be reliable and has also been used as a proxy for resource circularity (S. Kumar et al., 2021). The results of a study by Neves and Marques (Neves...
The vicuna is a relative of the alpaca that is exclusively native to Peru. Vicuna wool is the most expensive type of wool in existence, which is partially due to the Peruvian government’s attempts to protect this endangered species.