Tag Archives: inflation

“Hyperinflation is going to change everything,” Dorsey said on Friday night. “It’s happening.” When Nigerian businessman Tayo Oviosu – who like Dorsey is a cryptocurrency enthusiast — noted that inflation is already soaring at a 16% annual rate in his country, the Twitter co-founder replied, “It will happen in the …

 “Inflation is always and everywhere a purely monetary phenomenon” – Milton Friedman. Prices in Western economies continue to skyrocket – whether in real estate, stock markets, cryptocurrencies, food, consumer goods, or energy. We are consistently seeing massive price increases that far outpace wage growth. In recent months, the situation has …

Regardless of the result of next week’s election, it will represent a changing of the guard in German politics, as Angela Merkel, Germany’s chancellor of sixteen years, is stepping down from the role. The two main contenders for the chancellorship are Armin Laschet, who is Merkel’s successor as the leader …

That’s why it is important that last week, Ukraine’s Central Bank (NBU) announced that year-on-year consumer inflation now exceeds 10%, which has not happened since 2018. In Kiev, this has caused a notable stir in the news cycle. The station Espresso TV, for instance, dedicated a segment of its major …

Recent figures showed that the consumer price index (CPI) rose 5.4% over the last year, the fastest since right before the 2008 financial crash. A Morning Consult-Politico poll released on Wednesday has a combined 59 percent of registered voters saying Biden’s policies were either “very responsible” or “somewhat responsible” for …

On Wednesday, the markets were spooked as the Consumer Price Index saw US inflation hit a 13-year high at 4.2%, significantly exceeding expectations. This is an obvious product of astronomical stimulus money being poured into the US economy in a bid to offset the impact of Covid-19, inflating incomes and …

“There’s a lot of silver, but it’s not in the right place, it’s not in the right format for certain vehicles,” Flood says, adding: “So, the ETF might come under pressure, it may not be able to fill its baskets. You might have its price decouple from the silver price, …

Inflationary expectations of the Russian population with an eye for the next 12 months rose in December for the first time since June, follows from the review of the Central Bank of the Russian Federation. It says the controller, “in December, the population expects prices in the next 12 months …

Trend inflation in Russia accelerated in September 2019 to 5.3% from 5.28% in the previous month, follows from the materials of the Central Bank of the Russian Federation. As pointed out by the regulator, “assessing underlying inflation in September 2019 rose slightly to 5.3% from 5.28% in August.” The Bank …

The National Bank of Ukraine announced the introduction of new banknotes with a nominal value of 1000 hryvnia. The Ministry said all the important information about this bill. On Sunday, September 22, reports the edition “Business.media” with reference to the statement of the head of the NBU.   It is …