July 19, 2008

Here’s What $100 Billion Gets You In Zimbabwe

Posted in Inflation at 9:49 pm by davidprudente

Check out the article here.

June 17, 2008

How Floods Will Hurt the Economy

Posted in Aggregate Supply, Articles, CPI, Globalization, Inflation, International Trade at 3:10 pm by davidprudente

For all you veterans of AP Economics, this weeks floods in the mid-west made you think back to those easy days in high school when all you had to worry about was how natural disasters would affect aggregate supply.  Now you may be concerned with how they’ll affect the amount of money in your pocket. Check out the latest on the floods in the mid-west from CNN.

April 14, 2008

How Inflation Affects Society

Posted in Inflation at 6:49 pm by davidprudente

If there were any questions this year as to how unexpected inflation can impact a society, I think we have an answer. This article from CNN highlights “Riots from Haiti to Bangladesh to Egypt over the soaring costs of basic foods.”