Inflation Essays


Minimum Wage in the United States

the minimum wage has been higher than it is now when adjusting for inflation. The peak of this occurred in the 1960's when the minimum wage was nearly $11 an hour as compared to the $7.25 that is seen now, both in 2016 dollars. Beyond that, the minimum wage has only changed twice in real dollars since the mid-1990's. Indeed, it was raised from $4.25 to $5.15 in the late 1990's and then to its current level of $7.25 in the mid-1990's. Many people are demanding another shift at the federal level but it has not come as of… Continue Reading...

Monetary and Fiscal Policy

economy. The Fed sets monetary policy in line with seeking a stable rate of growth, controlled inflation and a healthy rate of job creation. The primary means by which the Fed implements monetary policy is through open market transactions. These are the buying and selling of Treasury securities, or government debt. If the Fed wishes to increase the amount of money in the economy, it buys securities and if it wants to decrease the amount of money in the economy it sells them. Usually these are short-term securities, but there are longer-term Treasuries on the market as well. The… Continue Reading...

Planning the Future at Galaxy Toys

market share can readily be invaded by its competitors. Other important risks include unfavorable economic events such as inflation and recession, political instability, and low market reception. These threats may result in undesired outcomes such as reduced consumer expenditure, slower sales growth, and increased business costs. Table 1 below summarizes the SWOT analysis Strengths • Extensive operational history • Largest privately held toy company in the U.S. • Broad product line • Unique, stimulating, durable, and affordable products • Strong partnership with NASA • Employee-friendly culture • Fairly decentralized organizational structure • Fairly strong financial performance Opportunities • 3D… Continue Reading...

Australian Economic Growth

globe. The Australian economy has seen incessant growth and this has encompassed low unemployment rates, inflation that has been kept in check, considerably low public debt, and a financial system that is comprehensively strong and stable. For more than two decades, the economy of the nation has experience an average GDP growth rate of 3.5% every year. This growth rate has largely surpassed all other economies of major developed nations. For instance, the United States has an average growth rate of 2.6%, Canada having 2.5% and the United Kingdom having 2.2% (Tang, 2016). This can be illustrated in the… Continue Reading...

Factors That Led to Enron Downfall in 2001

the bonus program and inflated the valuation of the company deals. Thus, an inflation of the deal became the order of the day, which was created to hide loss to avoid bad publicity. (Elliott, & Schroth, 2002). 5. Method to Respond to Issues as an accountant at Enron Analysis of business transactions reveals that the company is engaging in a risky business that could damage the company business transactions. The auditing procedure carried out by Enron was unethical leading to the collapse of the Enron businesses. If I were the accountant at Enron, I would advise the management to… Continue Reading...

Pledge for Homeless Families in Seattle

also includes the discount rate for accomplishing the task before inflation occurs in the future. V. Data Analysis Us Program Analyst, along with the Data Analyst, and the Budget Analyst conducted research on the homeless in Seattle. We viewed specific locations in Seattle where the homeless population was higher than in other areas. We discussed this information with Operation Nightwatch as well. This was critical information in order for us to know the specific areas that had the highest people on the streets. This information was used to strategic think about what was going on in those areas. Were… Continue Reading...

Germany and the Holocaust

Goldhagen and Browning: How the Holocaust Could Have Happened The Jewish Holocaust has inspired countless theories on how such an atrocity could take place in a seemingly humane and otherwise "normal" society, as Germany was in the 20th century. In other words, it was not really any different from any other society or culture in the modern era -- and yet understanding how the Holocaust could have happened, how human beings of the modern era could take part in such a mass killing, has been the debate of historians. This paper will compare and contrast the arguments of Daniel J.… Continue Reading...

Changing the Dwi Legislation for Missouri

the only alteration being an increase in the fines of 50%, which will increase each year in line with inflation, and a mandatory IID device to be fitted after the second offence.  This is based on the existing law, with increased fines increasing the potential deterrent. The clause allowing for inflation will allow the real value of the fines to be retained if the law is not revised for some time. The compulsory IID is moved to the second office from the third offence, as this demonstrated that the initial punishment and deterrent was not sufficient. This may help… Continue Reading...

Supply and Demand Of Grain in the United States

prices because of the rise in demand for agricultural products that drives up the inflation. Thus, agflation is a combined word of agricultural products and inflation. The term inflation is the rise in the price of goods and services, thus, agflation is an increase in the prices of the agricultural products. The agflation is not due to an increase in money supply but an interaction in demand and supply. For example, when a demand of cereal is more than the supply, there will be an increase in the price of corn. 2. Major problem facing the market for crops… Continue Reading...

Role Of Labour Market Imperfections in Generating Unemployment

A. and Damiani, M. (2012): Labour market imperfections, “divine and     coincidence” and volatility of employment and inflation, Review of Economics and     Institutions, vol. 3, no. 1, pp. 1-37.  Baker, D., Glyn, A., Howell, D. and Schmitt, J. (2004): Unemployment and labour market     institutions: the failure of the empirical case for deregulation, International Labour     Organisation, Working Paper No. 43.   Boeri, T. and Ours, J. (2013): The economics of imperfect labour markets, Princeton:     Princeton University Press. Dwivedi, D. (2010): Macroeconomics: theory and policy, 3rd ed., New York: McGraw-Hill.  Jha, P. and Golder, S. (2008): Labour… Continue Reading...

Quantitative Easing

projected rates are, by this time, low; then forward guidance loses a lot of room (Durden, 2016). Does this cause inflation and could it lead to potential deflation? Quantitative Easing causes inflation. However, it does not give rise to potential deflation. What is more, it cannot lead to deflation simply for the reason that the state of the economy was already deflationary when it started. When the Fed implemented QE, there was a considerable rise in prices in the course of that period (Dent, 2014). However, it is imperative to note that in comparison to historical measures, inflation was restrained… Continue Reading...

Capital Budgeting Case Study

license fee is incremental to the decision, and the inflation of the license fee is as well, since it is not subject to any further negotiation. This is a key cash outflow. The initial year zero cost of the Schneller Zug is considered incremental, as there is no reason to believe that this train is for anything other than the proposed franchise. This is the initial cost and it will not be discounted because it is a present-day cost. This amount needs to be calculated in sterling, as the price quote from Germany is in euros. The fact that… Continue Reading...

Economic Inequality and Austerity Motivator for Revolution

between 2008 and 2010 which were the years before the revolts, the average inflation rate in Egypt was 13%, 4% in Tunisia, and 5% in Libya and Algeria. (Brinkman and Hendrix, 2011). The high rate of unemployment is also one of the major factors that influences a revolution. The economic theory implies that a reduction in the production capacity leads to a decline in the employment rate. In 2010, the unemployment rates in Tunisia, Egypt and Tunisia were higher than the preceding years. In the Arab world, a juvenile dissatisfaction leads to youth unrest. Before the global economic crisis… Continue Reading...

Capital Investments in Emerging Markets

However, regardless of these aspects, it is imperative for the management to be wary of the impact that inflation can have on the prospective capital investments set by the firm. Assess one (1) way in which inflation could potentially impact planned capital investments in emerging markets and examine one (1) approach to perform an accurate evaluation of the investments. Suggest how this knowledge may impact management's decisions inflation is delineated as the general increase in the price of goods and services over a certain time period. One of the impacts of inflation is the depreciation of a currency, which… Continue Reading...

Macroeconomics and Gas Stations

buy a gas station. First, higher rates are likely because the economy is nearing full employment and thus inflation is going to be more of a concern going forward (Matthews, 2016). Second, high rates affect the cost of debt. If inflation is a risk, higher rates will arrive, and they will serve to put a cooling on the U.S. economy. Yet, growth is not that high, so this cooling effect could be quite negative, especially in regions that are not yet growing strongly. It matters where these gas stations are. Furthermore, if Edgar is thinking about borrowing to finance… Continue Reading...

Relationship Of Food and Ritual in India

Saving the Cows, Starving the Children" by Sonia Faleirojune and the article entitled "Food Price inflation in India: Causes and Cures" by Pradeep Agrawal and Durairaj Kumaraswamy in the Indian Economic Review available from JSTOR both address food issues in India. These articles appealed to me because I find India to be a fascinating country where there is so much potential for greatness yet so much inherent contradictory actions and agendas that frustrate the country's advances. Faleirojune focuses on the contradiction at the heart of India's policy towards banning beef: cows are literally everywhere in… Continue Reading...

How to Grow the Economy

2017). There are risks that come with infusing too much cash into the system. One major example if inflation. A modest amount of inflation is alright and can even be desirable. However, it needs to happen at a slow and consistent rate over time. inflation, of course, is when the purchasing amount of money slowly decreases. This is precisely why things like gas and food were cheaper, in terms of actual dollar amount (or "real" dollars") a generation ago as compared to now. That happenstance alone does not mean anything is wrong. Indeed, a two-liter bottle of soda that used… Continue Reading...

Negative Interest Rates Analysis

challenges and achieving price stability. The major goals for introducing the negative interest rates are to counter low inflation rates, and addressing currency appreciation pressures. Some central banks introduce negative interest rates to reduce the cost of holding excess reserves and allowing the reserve to pass through money markets. For example, Japan and Eurozone introduced the negative interest rates to anchor inflation expectation and address price stability. In Denmark, the goal is to counter exchange rate pressures and safe haven inflows. However, Switzerland objective's for introducing negative interest rate is to reduce deflationary and appreciation pressures. Barua and Majumdar… Continue Reading...

Swot Analysis to Develop Strategy

Seniors tend to live on pensions or other fixed incomes. This means that inflation can reduce the size of our market, for example. Customers under the age of 65 may see their meal spending decrease if their health care costs increase -- a real possibility in recent years and especially the current environment. After a long run, the stock market might collapse, or withdrawal from NAFTA could increase ingredient prices. There are a host of economic and political risks in the external environment that have to be taken into consideration. All told, there are a lot of threats. The… Continue Reading...

Byzantium and the Roman Empire

kind system that Diocletian adopted to help offset the debasement of the currency and the rise of inflation. He also undertook social reform by making compulsory services part of the social system. To unify the empire along religious grounds, he attempted to force Christians to embrace the Roman cult. Constantine also made some reforms to try to stabilize the empire. He reversed the policy of Diocletian regarding the Christians with the Edict of Milan, which allowed Christians to worship publicly. He also reversed Diocletian's policy on multiple leaders, doing away with the other Roman rulers). He also moved the… Continue Reading...

Worldcom Accounting Fraud and the Law

& Kiron, 2007, p.7). But while certain practices which may result in inflation of profits may be acceptable, even necessary, this fact should be noted to contextualize the figures. There is a clear boundary between acceptable types of earnings management and the practice of deliberately making the company seem more profitable and engaging in fraud. The actions of WorldCom were clearly designed to distort the public's perceptions of the company's profits, not merely to comply with existing regulations. Even when the law allows figures to be reported in a particular manner, if it causes distorted perceptions of profitability, this… Continue Reading...

Bill Brady Case Swot Analysis

for smaller accounts cuts into the organization's small account business • New clients are coming in slowly • inflation rates are high • Unemployment levels are high References Organizational Communication: Bill Brady Case. SWOT Analysis. Retrieved online: https://www.mindtools.com/pages/article/newTMC_05.htm SWOT Analysis. Retrieved online: http://ctb.ku.edu/en/table-of-contents/assessment/assessing-community-needs-and-resources/swot-analysis/main Continue Reading...

External Business Environment from 3 Squares Restaurant

changes could demand personal and business taxes. Consequently, this could negatively affect the restaurant's revenues. Food inflation: When inflation is low, the purchasing powers of consumers increase consequently dictating higher spending capacity. On the other hand, the reverse is true. Price increases could cause negative sentiments among consumers. Food inflation could cut on the revenues of 3 Squares Restaurants. Low inflation also implies low interests are thereby enabling the company to borrow and expand the business. Low-interest rates mean consumers could get credit at low costs. On the other hand, higher inflation rates translate to higher costs of credit and… Continue Reading...

Foreign Debt and Debt Services in South Africa Essay

country, though, continues to suffer from inordinately high unemployment and inflation levels (Trade policy review, 2008). World Bank The World Bank lauds South Africa for improving the transparency of its national budget formulation process, but improvements in provincial budget-making are still needed (Malemba, 2014). International Monetary Fund The International Monetary Fund (IMF) concurs with WTO’s assessment of South Africa for the period 2003 through 2008, but cautions that following this relatively robust economic growth, the country experienced a downturn, like other major economies, after the Great Recession of 2009 (Selassie, 2011). The South African economy has languished with complete… Continue Reading...

Greece Economic Problems Analysis

(Trading Economics, 2017). The lack of economic dynamism has meant that the inflation rate is 0%, and that comes after -1.7% inflation rate in 2015 (CIA World Factbook, 2017). Major Economic Problems There are many economic problems facing Greece right now. High unemployment is a serious issue – while the tourism sector still contributes jobs, there is minimal investment in other industries. The government, once a prominent employer, is cutting back on its investment because it has to as terms of the bailouts (Reuters, 2017). That many of the most educated and talented Greek citizens now live and work… Continue Reading...

The Role Of Sarbanes Oxley Act in Curbing Corporate Fraud

executives were suspended in October 2014 due to Fraud claims after the discovery was made on the company’s inflation of its profits by £250 million (Colson, 2017). Consequently, the stock market value of the company was reduced by £2.2 billion (Colson, 2017). Among the executive suspended were Chris Bush, the Managing Director in the United Kingdom and Kevin Grace, former director for commercials. Following an investigation by Deloitte, the accountancy firm, the exaggeration of the profit was reviewed up to £263 million (Colson, 2017). Moreover, Tesco failed to pay the suppliers to enhance its performance in sales and hence… Continue Reading...

The Secret to Success in Stocks Investing

market that force prices to go high (Hiriyappa, 2008). Moreover, market investment will help an individual to beat inflation. By making such investments, one is mitigating their risk with diversification strategies that give better returns. One should concentrate on them because if one sector of the market is underperforming, the other investors will come into play and bring a balance that helps out the rest of the portfolio. The market maker is the traffic controllers of this stock market, and they normally deal with specific problems of the stock exchange. An allowance is given for those people who want… Continue Reading...

Economy and U.s. Health Care

expenditure may end up harming the nation’s economy by bringing about employment and GDP declines and a growth in inflation. Greater national expenditure adversely impacts economic development, to a considerable extent. Rise in workforce health insurance premiums has deterred investors from investing in the US and led them to turn their attention to Canada and other such economies having appreciably lower employer premium burdens. In sectors like the automotive sector, employee insurance at the time of manufacturing an automobile stands at 1,300 dollars, which is costlier as compared to the steel that forms the automobile’s body. This sort of… Continue Reading...

Probability Of Inflation or Deflation

Money and inflation One of the most challenging issues in the modern economic environment is whether inflation or deflation will occur in the near future. This issue has become controversial and divisive among economists because of the volatile economic times. The nature of the modern economic environment has made it difficult for economists to agree on whether inflation or deflation is likely to be experienced in the future. While some economic analysts hold the view that a big increase in inflation is likely to occur… Continue Reading...

Federal Reserve and Interest Rates

Fed has simply been stalling the inevitable—too much easy credit has flooded the system, causing inflation, while wages have stagnated). Pension funds need higher rates so that they can obtain a better return with a risk-off portfolio. Yet, if one is a debtor, higher rates will likely lead to more defaults, which will cause the dominoes to fall, as the global economy is such a Ponzi-like scheme today. Unless the central banks are anticipating some kind of debt jubilee in the future, none of their actions make any sense in recent years. Of course, there is the fact that… Continue Reading...

Which Is Better Paper or Electronic Currency?

rather hold on to physical precious metals such as gold and silver, because these at least keep track with inflation and have universal appeal no matter the age (Kemp, 2001). Yes, their value can be manipulated (as can nearly anything that is placed into the futures market) by bankers, traders, buyers and sellers—but over thousands of years their value has never really diminished. Will the USD be worth what it is today in 5 years time? I highly doubt it. I think this is why people rush into crypto or into other assets like stocks or real estate or… Continue Reading...

Careers in Criminal Justice and Prospects

salaries in some states from increasing at a rate commensurate with increases in costs of living and inflation. Having said that, I am still optimistic about finding a job right away after I graduate. Job outlook for the upcoming year is positive, increasing on par with national averages for all other sectors (“Probation Officers and Correctional Treatment Specialists” 1). I have no illusions about earning top dollar the first year after I graduate, unlike some of my peers who might feel a sense of entitlement. Because I have reasonable expectations about what to expect, I will work hard my… Continue Reading...

The U.s Economy and Health Care

services. According to some economists, swiftly increasing healthcare expenditure increases inflation but decreases overall employment and gross domestic product (GDP). Healthcare expenditure impacts on rate of interest and the comparative effect on industry-wide economic performance is reliant on funding source for federal healthcare expenditure. The findings of a research that relied on econometric models suggested that deficit funding had a disproportionate adverse impact on the capital goods and export sector; further, payroll tax funding had a disproportionate negative impact on the consumer service sector (Folland et al., 2016). But one must bear in mind the fact that certain economists deem… Continue Reading...

Macroeconomic Indicators

in the “everything bubble,” the reality is that what is being seen is really nothing more than inflation in the works. The trillions of dollars of liquidity pumped into the markets by the Fed and other central banks (they are all essentially running the same play book) has caused investors to want to divest of fiat cash holdings and invest in real assets—whether that is a home, government debt, gold or a diploma. With China set to challenge the hegemony of the Petrodollar with its own gold-backed yuan oil futures contract, keeping one’s savings in USD makes less and… Continue Reading...

Apple

the corner (Mobasheri, 2017). Real GDP has risen steadily over the last three years: Source: FRED (2018a) inflation as measured by CPI has also risen steadily: Source: FRED (2018b) This should not be surprising as the Fed’s policy (and every other central bank’s policy around the world) has been to “quantitatively ease” the market shock that emanated from the Global Economic Crisis of 2008 by way of printing trillions of new dollars and propping up the bond market with them. The spillover effect of bond purchases into the stock market has been well documented (Zhang, Zhang, Wang & Zhang, 2013; Yavas… Continue Reading...

Oil Crises Term in West Africa

countries. Protracted low oil prices have a likelihood of having major implications for economy growth and inflation. Oil prices that are weak will also give rise to major shifts in real income from exporting nations to importing nations, impact fiscal and prevailing account dynamics, and result in lower prices for non-oil goods. These different elements may limit macroeconomic policies in different ways while at the same time paving way for prospects to address long-term reform necessities in different economic areas. Oil exporting nations in the region are bound to experience a negative effect because lower oil prices give rise to… Continue Reading...

Will Brazil Become a Global Trade Partner

strategy also led to the creation of a diversified and large industrial sector. However, in the 1980’s inflation soared, and disaster came once again. Along with high inflation, investment fell due to the fear of foreign investors in Brazil’s economy. As a result, growth stagnated, and Brazil became one of the developing countries with the highest external debt. While the strategy seemed to fair well early on, investor interest and inflation led to downfall. Could this have been prevented? Who knows, the strategy seems sound making it odd that it failed after only forty years. A new strategy came… Continue Reading...

Apple Expansion into Myanmar

terms of other economic indicators, there are a few things worth noting. First, inflation has stabilized. Economic stability can often be an issue in emerging markets, but a stable economy is generally a positive sign for sustained growth. The kyat is a fully floating currency and the country still has stable inflation, which is a positive sign. The unemployment rate is 4% and stable, but also meaningless since most people don\'t earn enough from their employment to afford Apple products. More important is actually indicators regarding foreign direct investment, which is a more accurate indicator of how many Burmese… Continue Reading...

American Dream and Wealth Gap

bubbles, the devaluation of the dollar, the rise of inflation, the turning of the economy from free market to command (thanks to central banking interventionist policy like quantitative easing), and the stagnation of wages, it is harder for the American Dream to seem possible. As Kiersz (2015) shows using data from the St. Louis Fed, income inequality has gone up considerably over the past 40 years. The top 1% in the country have seen their paychecks grow exponentially while the working class wages have barely moved. Meanwhile, food prices, health care, education, homes, cars, stocks, bonds—virtually everything has gone… Continue Reading...

Bitcoin Essay

being printed or how a currency is valued. Imports and exports, inflation rates, interest rates, and real estate markets mean nothing to cryptocurrencies. Bitcoin might function as a currency, but it is a lot more than that. The basic elements of bitcoin are the mining process and the block chain concept. Bitcoin Mining Bitcoins are “mined” by people who participate in the process using special hardware and software, and also a working knowledge of how the system works. Ordinary people can participate in the mining process. However, most people who use bitcoin do not actually participate in the mining.… Continue Reading...

Financial Managers

and indirect effects on the company. The major macroeconomic variables such as inflation, interest rates, unemployment, GDP, and exchange rates can all directly influence the financial performance of the company. But these variables also impact on things like government policy, so there are indirect impacts on financial performance as well, and the financial manager also needs to understand these. The main tool that financial managers use are complex financial models. These models seek to illustrate the impact that different variables have on the company – both internal and external variable. Forecasts are created using different macroeconomic and market variables,… Continue Reading...

Economics and Global Capitalism

were essentially losing value over time because the rate of inflation was higher than the interest they were earning on their savings). So markets really dictate our thought processes, our actions (we work long hours all week in order to be able to spend and have the kind of consumerist life expected of us). The markets, meanwhile, take on a life of their own for the economy, intertwining as they do and supporting one another. What happens in the commodities market will have an impact on the stock market, and what happens in the bond market will impact equities… Continue Reading...

Repeal and Replace Obamacare Essay

more affordable in the United States is to address the underlying price inflation in the healthcare market.  This could be done in a number of ways, including regulation or a single-payer system.  However, lobbyists from the healthcare industry have effectively blocked Congress from seriously developing those options. Although healthcare in the United States remains prohibitively expensive for many people, repealing and replacing Obamacare will only be successful if the replacement can provide more affordable healthcare for a greater number of people than the existing options.  To do this, Congress needs to understand that most of the public does not… Continue Reading...

U.s. Interest Rates Rise and Fall Essay

of the dollar), and QE following the housing crash of 2008. In short, the rate of inflation has never slowed since the 1970s. $40,000 spent on a home in 1975 would be worth $175,000 today—though the same home might not fetch that amount. Meanwhile, real wages for most workers have not changed since the 1990s, while the value of the dollar has declined. Low interest rates today are meant to boost the economy by encouraging people to spend rather than save—but because of debts (college, housing, etc.) money has low velocity and Fed policy is not working. Furthermore, it is… Continue Reading...

Should We Get a Basic Income

of the currency. A rapid increase in the supply of money leads to inflation. The more money that is pumped into a system, the less value it has: it is the basic principle of supply and demand. This can be seen today: the central banks have added trillions into the marketplace in an effort to stimulate the global economy; there is debate about whether the economy has truly been stimulated—but one thing that cannot be debated is the fact that inflation has occurred: asset prices have risen across the board since 2008, when QE was launched. In fact, this… Continue Reading...

The Federal Reserve and the Gold Standard

be backed by gold. The point of the gold standard is to help control inflation—to keep the dollar supply at a level limited by the amount of gold possessed by the government. It gives those who use the dollar the confidence to accept it as a medium of exchange. Since the country was taken off the gold standard by Nixon, and since the nation long ago handed over the right to print money to the Federal Reserve, it both gave up its sovereignty to this banking cartel and the limit on money supply that the gold standard gave. Nixon… Continue Reading...

The Problems Of Funding Basic Income Programs

to the supply of money devalues the currency and only leads to higher inflation, thus essentially defeating the purpose of basic income in the first place ((Van Lerven, 2016). Aside from the generating the money for basic income out of thin air, which is not feasible as it only increases the prices of everything else, the other two methods of generating the money for basic income is through taxation or the sale of debt (Haitsma, Unalmis & de Haan, 2016). Neither is feasible either in the current economy, and the paper will progress to examining why these options do… Continue Reading...

Economic Outlook Of the Us Economy

the year to exceed 3.0%. In light of the increase in Consumer Price Index in the fourth quarter of 2017, inflation rates in the United States are expected to grow by 2.1% in the first quarter of this year. This growth in inflation rates will continue to the second quarter of the year by approximately 2.4%. This is because of the 0.2% and 2.4% increase in consumer prices in February and March respectively. Similarly, core inflation rates, which have been rising since the fourth quarter of 2017, are also expected to grow by 2.1% in the first quarter of 2018.… Continue Reading...

The Current State Of Education in the United States Essay

from Fiscal Year (FY) 2014 and FY 2015 (i.e., from $557.50 billion to $575.8 billion after adjusting for inflation).  Moreover, these increases in educational funding were achieved immediately following similar increases of 1.7% during the period from FY 2013 to FY 2014 (again, after adjusting for inflation) (Cornman et al. 2018). Similar increases were also identified for student support expenditures and teacher salaries (Cornman et al., 2018). There were some significant differences in educational funding levels identified between the states, however, ranging from a high of $20.744 in New York (followed closely by Alaska, the District of Columbia and… Continue Reading...

Money Economics and the Banking System

decisions that appear to be efficient on the surface, but are actually inefficient. Macroeconomics I Structural inflation is inflation that arises from monetary policy, whereas cyclical inflation arises from temporary misalignment of demand and supply for money. What this is means is that demand for money rises and falls. It is the result of economic activity, which changes over time, rising during productive periods driven by either innovation or population growth, and falling when these factors are lower. The central bank can create inflation outside of the cyclicality that is driven by economic activity, in the sense that the central bank… Continue Reading...

Conflict Within Unionizing Sga Industries

experts have cited that unions can act as a monopoly, as an entity, which creates inflation, and as a presence that creates even more layoffs (MSG, 2018). This is a difficult argument to make, one which depends on intense persuasive tactics, particularly when the company has slashed the benefits of their employees, and laid off 1500 workers. Even though some of those points might have some validity to them, it can easily come across as if the company leaders are encouraging workers to not look after their own best interests. The one thing that the company leaders did that… Continue Reading...

Making Good Personal Finance Decisions

the last 40 years, from around $16,000 in 1975 (adjusted for inflation) to around $44,000 today” (Levin, 2016, p.1). Although college graduates as a group make more money than non-college graduates, there is considerable variation in the comparison between these two groups. Certain majors such as engineers often make vastly larger salaries than liberal arts graduates and individuals with technical degrees such as electricians may make more money than individuals with degrees from four-year institutions. Financial analysis would suggest making a decision in favor of embarking upon a career path that will result in minimal student loan debt; overall… Continue Reading...

Economic Analysis Of Supply and Market Structure Of Healthcare Industry

drug has remained stable at $8 since 2010” (Dabora et al., 2017). This level of inflation has only been beneficial to the generic drug arena, and it has meant that this sector of the market only continues to grow, with so many professionals receiving payment. Finally, payments made through insurance companies rather than from individuals can be slower, with public insurance companies being the slowest. Government Regulation: Regulating Price More Aggressively One of the major ways that government regulation is needed in this industry is that that state needs to wield their power to keep the costs of prescription… Continue Reading...

The Impact Of War on Iran

value of the nation’s currency falls. Sanctions have been linked to increasing inflation in the country (Ghorbani Dastgerdi, Yusof & Shahbaz, 2018) and with inflation on the rise, average members of the Iranian community have felt the pinch in everything from the price of food to consumer goods. With Iranian society protest, pressures is being brought on Iran’s Supreme Leader, who has demonstrated open hostility towards the U.S. as well as to Israel, a country with whom Iran has often had a tense relationship to say the least (Buonomo, 2018). The sanctions that the U.S. has leveled at Iran,… Continue Reading...

The Global Economic Crisis

bankers adopting a policy of unconventional monetary policy known as quantitative easing (QE). QE led to significant asset inflation (stock market at all-time highs, bond yields at all-time lows, the housing bubble re-inflated, precious metal prices soaring, food costs soaring, and so on). If this were rational self-interest, the argument could surely be made that those players who had adopted foolish strategies in the marketplace should be made to take it on the chin and accept the repercussions, even if it meant pain for the global economy as a result. What resulted however was not this but rather the… Continue Reading...

What Is Causing Inflation

that I know has kept pace with this level of inflation. The price of everything—not just medical care—seems to be rising; everything, that is, but wages. A business manager, such as a human resources manager, might use CPI to obtain a good understanding of actual inflation of services, assets and commodities in the real world (a figure that is typically different from the Fed’s sense of inflation). By understanding how the prices of goods and services are increasing rapidly year over year, an HR manager may have a better sense of why employees are demanding higher pay. Keeping workers… Continue Reading...

Pacific Health Care Supply Management

Kodak and lock in prices over a substantial period of time at a reduced rate. Given that inflation is occurring at the moment and cost prices are rising, locking in rates at a reduced price would be good for the company while also ensuring for Kodak that it has the firm’s business for a period of several years. Another action that Rubble could have taken prior to Howell’s death to obtain reduced film prices might have been to have the other suppliers pitch a sale to the firm to see if the firm might also obtain the same discount… Continue Reading...

Social and Environmental Challenges Facing Megacities

growth. For example, in Mumbai, mass urbanization has contributed to inflation in real estate prices, which has forced a substantial number of employed people to live in slums. This has in turn increased the number of slum-dwellers while worsening their living conditions. The conditions have become oppressive enough to an extent that approximately 50% of Mumbai commuters spend between one to two hours to get to their workplace due to traffic congestion.  Social Tensions Overcrowding in megacities has become the source of social tensions, which continue to threaten the social fabric of communities living in these cities. Heyzer et… Continue Reading...

Minimum Wage and Aggregate Demand

Education, Labor and Pensions (2013). The issue of course is one of inflation. So if Sen. Harkin wants to grow the middle class, which he calls the backbone of the economy, he should simply get on the Fed to stop printing trillions and increasing the money supply so that everyone’s dollars are devalued. No one’s wages are keeping track with the rate of inflation, and while raising minimum wage might help to increase aggregate demand, it would undoubtedly also lead to more unemployment as businesses struggle to maintain margins while passing on the cost of hire wages to consumers.… Continue Reading...

Hannah Hoch

as society under the Weimer Republic continued to deteriorate, due to wartime reparations, hyper- inflation, joblessness, and moral decay, a need for stability and restoration was felt throughout the land. Hoch and her art was not the answer. She simply represented a time, a movement, a preference, a feeling—angst, if you will. She would not be the one to lead the country out of its hell. Her view of the new woman and the ideals that the new woman was meant to embrace could only take the Dad movement so far. Thus it was that a man with as much… Continue Reading...

Russia Economic System and Scarcity

in contrast to the European Nation members. Currency woes, as the Russian ruble’s value has plummeted and inflation has increased, has led to shortages throughout the nation, including food shortages (Schearf, 2016). It might be assumed that this would generate pressure upon the government to take more aggressive action in support of its people or a more amicable attitude to the United States. But as Russia still effectively functions as an autocracy under Putin’s rule, dealing with scarcity has largely been left to the populace’s ingenuity. A number of Russians have even taken upon city gardening in plots, as… Continue Reading...

The Gold Coin's Meaning

today—which indicates the extent to which the nation has been racked with inflation over the past nearly two centuries: a $5 gold coin in 1839 is now worth 100x times that in 2018 Federal Reserve Notes (which, it should be noted, cannot be traded in for gold—that window was closed long ago). The coinage without motto was minted from 1839 to 1866. It depicted a fatter-faced Lady Liberty, with hair flowing down the back of her head. The coinage with motto was minted from 1866-1908 and pictured the slimmer, classical beauty Lady Liberty. The Liberty Head Half Eagle designed… Continue Reading...

Communism in Latin America

oil, which it hopes will help it to get a handle on its inflation problem. The U.S. does not like this idea—instead it would prefer new leaders who are more committed to using old methods of control to rein its people in. New Changes Brazil has seemingly gotten this message and elected Jair Bolsonaro—the Trump-like leader who was backed by Trump advisor Steve Bannon—to the presidency: Brazilians threw their support behind Bolsonaro in the face of widespread corruption in the Leftist government. Bolsonaro sides with the military and has promised to crack down on the corruption and restore order—just… Continue Reading...

Coronary Artery Disease Development

balloon into blocked arteries, followed by inflating the balloon. inflation serves to expand the artery through pushing accumulated plaque against the arterial wall. Subsequently, a mesh tube or stent is put in the expanded place for ensuring the artery remains open and clear to allow for proper blood flow. Bypass surgeries of coronary arteries (an open heart surgery) aim at changing blood flow through bypassing around blocked arteries for improving flow of blood to the patient’s heart. For performing this procedure, surgeons select and use one of the healthy blood vessels from some other body part for circumventing the… Continue Reading...

What Is the Economy

and sending it to all time highs, leading to inflation across various asset classes (from gold to equities to real estate), higher rents, higher food prices, and so on (Heller, 2017). As a consumer, the worry of inflation is one, again, that makes me think it is necessary to get my money into real assets because the dollar is going to lose value as more money is printed. As a manager, I want to be sure to keep an eye on what the central bank is doing so that I myself can make informed decisions as a manager. My… Continue Reading...

Conflict Mapping in South Sudan

in multiple socioeconomic indicators (King 2015). The country has a triple-digit inflation rate and poverty is widespread. The World Bank estimates the population of South Sudanese living below the poverty line amounted to 82% by end of 2016, additionally literacy rates amounts to 27% implying that the country lacks in a skilled workforce. Dessalegn (2017) reports up to 95% of the population is dependent on agriculture which with the advent of war has declined in productivity. Although electricity is a critical backbone for an economy, only 2% of the South Sudanese population has access to electricity (King 2015). 2.… Continue Reading...

How Will Brexit Happen

suggest the pound would fall by 25% against USD and that “house prices would fall 30%, while inflation would climb above 6%.”[footnoteRef:7] Interest rates would likely climb by a substantial percentage making it difficult for individuals to use credit and unemployment would likely surge as business growth would falter. A domino-like effect of bad economic data would trigger a veritable collapse and halt in British production and lead to a stagnation in the English economy. This is the general fear of a no deal exit. [6: Will Martin, “UK economy could slump,” Business Insider, 2018. https://www.businessinsider.com/bank-of-england-uk-economy-drop-8-recession-no-deal-brexit-2018-11] [7: Will Martin,… Continue Reading...

Macropoland

problem is that if the central bank creates too much new money too quickly, it can lead to inflation which can hurt businesses and consumers. However, by lowering taxes for citizens, they would theoretically have more money to spend so they would not be too bothered by inflation, so long as it does not get too high.   Continue Reading...

Euro in Crisis

same time, the banks have to raise rates in a belated attempt to stave off inflation and to give room for more easing when the next downturn occurs at some point in the next few years. The ECB did not really respond less aggressively than the Fed. It took rates to zero and bought corporate bonds—which the Fed did not do. Greece should have exited the EU: it would have hurt substantially, but Greece would have been able to obtain an economic footing from foreign direct investment by companies such as the Canadian gold miner El Dorado, which had… Continue Reading...

Weapons Of the Civil War

was approximately $500 at the time (Ripley, 1984), or $15,000 in today’s money accounting for inflation. The 12-pounder, 24-pounder and 32-pounder were all used during the Civil War. 24-pounders were commonly found in both the North and the South reserve batteries but by the end of the war the guns were doing most of the talking. Woolfolk used the 24-pounder in his battery in the Northern Virginia Army; however, he was the exception—for the most part the Union did not put these weapons into the field. The 24-pounder and the 32-pouner were mainly used as fixed cannons to defend… Continue Reading...

Globalization and Major Programmes

from the economic, institutional and political setting such as inflation and the withholding of initially promised funds by policy makers. Excess demand This encompasses problems that emanate out of more deceptive situations and gives rise to social and political conflict over the benefits of the project. A project might raise anticipations that its services will be made accessible to a group that is not amidst its intended or even conceivable beneficiaries, and this group will demand for a share in the output of the projects that cannot be given. Uncertainty is pivotal to Hirschman’s perspective of social learning, owing… Continue Reading...