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Inflation depreciates currency's value
The currency depreciation was seen in Venezuela when the bolivar's purchasing power dropped so low that a person sold sculptures made out of money because as raw material it was worth more than a bill.
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Forms of inflation
- Cost-push inflation
- Demand inflation
Two big reasons cause inflation; one is the shortage of supply and another is an increase in demand. If right now the pencils we use are in balance with the companies’ production then there would be no sum rise in the prices of the pen...
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Inflation
In economics, inflation is a general increase in the prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
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By curating the content I consume, I document my journey through time and space.
Being aware of social situations gives me a sense of personal responsibility towards the betterment of our communal crisis.
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Are cryptocurrencies a good investment?
Cryptocurrencies may go up in value, but many investors see them as mere speculations, not real investments. The reason? Just like real currencies, cryptocurrencies generate no cash flow, so for you to profit, someone has to pay more for the currency than you did.
Cryptocurrency needs stabi...
Self-esteem to measure success
Self-esteem was a measurement of how a person felt about themselves. If you have confidence in yourself and can accomplish your g...
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