Tag Archives : inflation

One doesn’t need to reams of financial news to know that two digit inflation figures have stepped in thereby affecting prices of everyday products and services. Whatever you buy be it cosmetics or grocery, steep prices have been eating into everybody’s savings. Google feels the need to dole out its own inflation index with respect to the mix of [...]

While Australia’s stock market lost 59 percent and a 5.7 percent unemployment rate also assailed the country, it is ‘the only developed country to avoid technical recession.’ Australia has breezed through the global economic downturn ahead of any other developed country. The country’s ‘stock market has bounced back almost 30 percent since [...]

Medical practitioners have been aware of the placebo effect for decades now. Some administer it. Still some attempt to explain it as a biochemical effect. However, no one knows exactly what it is and how it comes about. Cosmologists wrack their brains over an explanation to the horizon problem. Some come up with this explanation of inflation: “You [...]

Central banks across the world have issued a warning that the British economy is headed towards a relapse into another recession. The indicators are palpably threatening and will most likely endanger a sustained recovery. Bank lending is still in dry spell. The Bank of England confirms that the country’s banks and other financial institutions still [...]

Reaganomics refers to the economic policies that marked the presidency of Ronald Reagan who became US president during ‘stagflation,’ a period known for high inflation and unemployment. The four cornerstones of Reaganomics, a set of policies and economic view, are: reduction in the growth of government spending, reduction in marginal tax rates [...]