How much will the Indian economy grow in the next 10 years? Why? How is the indian economy doing? How is the value of the U.S. dollar determined? How many zeros are there in $100million dollars as a denomination value? To what extent can the rupee recover, once it has depreciated ...
How much does it cost? One-way per berth 1st class berth 2nd class berth Economy class seat Bulawayo to Vic Falls: Z$ 30 Z$ 26 Z$ 23 Fares are very cheap, and got even cheaper with the restoration of the Zimbabwe Dollar in June 2019. Bedding is an extra Z$ 9 in 1st or 2nd cl...
How does 1 trillion dollars stack up? If $1 million in $100 dollar bills stacks up to 40 inches (3.3 feet: kind of underwhelming to look at, really!), and $1 billion is 40,000 inches (that's 0.63 miles high: much more impressive!), $1 trillion in $100 dollar bills is 40,000...
M: Adapting to new challenges is perhaps the true cornerstone of our generation's legacy to education. And the future of education in a country rests not so much on the construction of better buildings, labs, etc., but in the development of an ever adaptable mind. W: That's true. Th...
Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, are fiat currencies. One danger of fiat money is that governments can print too much of it, resulting in hyperinflation....
Yes, just like Bitcoin, the minimum value of a dollar(2)is also zero, and a dollar has no value outside of its ability to be “accepted by someone else” in exchange for something valuable. So could we imagine a society where BTC is on the same footing as the dollar? Is popularity...
Some countries accept the U.S. dollar as legal tender in addition to their own currencies, like the Bahamas, Zimbabwe, and Panama.8For some time after the founding of the U.S. Mint in 1792, Americans continued to use Spanish coins because they were heavier and presumably felt more valuable...
The first is that the state is now much more active in economic development than at any point in recent decades. Somehow an economy must evolve from agrarian poverty to diversified industries that can compete with rivals in countries which have been rich for centuries. To do so requires infrast...
Given the risks of issuing too much currency, it is important to clarify how to effectively take advantage of currency expansion to develop the economy while avoiding potential financial risks. Our results demonstrate the importance of the time-lag currency strategy for economies around the world, ...
It’s still the land of opportunity, but now it’s confronting the human cost of its success. The new buzzwords: responsibility and empathy.