If inflation becomes too high,the economy can suffer; conversely, if inflation is controlled and at reasonable levels, the economy may prosper. With controlled, lower inflation, employment increases. Consumers have more money to buy goods and services, and the economy benefits and grows. How Does...
let’s just admit it and lower the oil price because it is harming the economy. One other argument is that the Fed does not have the authority to short oil futures. This is, in my opinion, an asinine point. Look back
But sometimes, such as in the 1970s, inflation can rise to 5-10%. Such a high inflation rate can halve the value of your money in less than a decade. Inflation can get even worse in extreme situations, such as1920s Germanyor Zimbabwe more recently.Hyper inflationin a crisis can hit t...
The Zimbabwean government has announced measures to promote the wider use of the domestic currency (The Zimbabwean Dollar) in a last-ditch effort to save it fro...
My research does not suggest that people should avoid visiting Zimbabwe as a whole and I do not want to suggest that philanthropic funding of schools is necessarily bad. Rather, it is important to seek out tourism experiences that do not homogenise culture and cultural experiences...
later in this work show, precipitation results do not vary greatly across Zambia, and nor does it vary much across the Southern African Power Pool. Zambia lies in the middle of the Zambezi River Basin, which also covers Angola, Botswana, Malawi, Mozambique, Namibia, Tanzania and Zimbabwe. ...
Or consider an increase in AD when the economy is at capacity. The textbooks say you just get inflation in that case. But if you used a “real AD” concept, then there would have been no increase in AD in the first place. That’s right, even in Zimbabwe AD did not rise, because ...
“I think Zimbabwe had a pure fiat currency. The medium of account was the Zimbabwe dollar note…” Here’s where I don’t follow you. Why not just say that there was no medium of account during the hyperinflation? The unit of account was Zim$, but it was undefined. ...
The other two are the Tanco mine in Manitoba, Canada, and the Bikita mine in Zimbabwe. Tanco shut down after the mine collapsed in 2015, and Bitika was depleted in 2018. That makes Power Metals’ Case Lake Property something to covet, globally. It’s also why Canada is...
After the 2008Great Recessionthe U.S.Federal Reserveadministered round after round ofQuantitative Easing(QE) to prevent a deeper economic depression. Many people feared that it would ultimately lead to runaway inflation like the kind seen in Zimbabwe (and its 1 trillion dollar bill), Argentina, ...