Dear readers, economists do not have the power to intervene in or ward off the risks that the country or the region they live in...
The principle of effective demand below basically tells us why inflation will not fall to single digits in many developing countries. Y = C + I...
The City of London has defied the more dire predictions of the impact of the UK’s departure from the European Union by maintaining its status...
The Fed’s preferred inflation measure rose 2.8% in March from a year ago. This is the core personal consumption expenditures price index, excluding food and...
Citizens of many countries tend to rely on conventional investments such as buying foreign currency or gold so that their savings do not depreciate in...
Preserving the value of their currencies is a big obsession of developing countries. Thinking that “strong countries have to have strong currencies”, they tend to...
The main central banks have been deliberating on the concept of introducing a digital currency. However, many citizens fail to grasp the rationale behind it...
