The Universal Basic Income (UBI) is a proposed system that would give individuals with a minimal income to help prevent poverty and close economic gaps. Some proposals propose that a UBI be paid to anybody earning up to a certain amount of money (e.g., $50,000 per year), whether or not they are employed. Other suggestions […]
Would Universal Basic Income Cause Inflation? Read More »
The US Inflation Rate is the percentage increase in the price of a selected basket of goods and services purchased in the US over a year. The US Federal Reserve uses inflation as one of the indicators to assess the economy’s health. The Federal Reserve has set a target of 2% inflation for the US
What Is The Current Inflation Rate In The United States? Read More »
With two consecutive quarters of negative growth, India experienced a recession for the first time in history in the first half of fiscal year 2020. In the first quarter of the fiscal year 2020-21, the gross domestic product (GDP) shrank by a historic 24.4 percent. Is India experiencing a financial crisis? The ongoing Covid-19 outbreak
Is India In A Recession? Read More »
According to a LevaData survey of more than 100 manufacturing and production executives from the automotive, consumer goods, life sciences, industrial, and tech industries, seven out of ten manufacturing executives believe an extended trade war will lead to a global recession, with 61 percent believing it will happen this year. According to LevaData, survey respondents
Will The Trade War Cause A Recession? Read More »
Indicators of the Russian economy In 2020, the global gross domestic product per capita was estimated to be at 10.915 US dollars. In contrast, Russia’s GDP per capita was 10.295 US dollars, or $1,483.50 billion US dollars for the entire country. Who is wealthier, the United States or Russia? While the United States has the
Where Does Russia Rank In The World By GDP? Read More »
Bonds are the second-lowest-risk asset type, and they’re usually a reliable source of fixed income during downturns. Most bonds have the disadvantage of providing no inflation protection (due to fixed interest payments) and their value can be highly volatile depending on interest rates. Do bonds lose value during a downturn? In a recession, do bonds
Are Bonds Safe In Recession? Read More »
It’s worth imagining how different the world might be if this were the case. With a minimum wage of $21.50 per hour, a full-time full-year minimum wage worker would make $43,000 per year. A family of two minimum wage workers would have an annual income of $86,000, putting them in the top quintile of the
What Should Minimum Wage Be In 2020 With Inflation? Read More »
Silver is one of the most widely traded precious metals on the market, and it is popular with investors. The metal benefits from a number of fundamental reasons, including a combination of low supply and high demand. Furthermore, amid increased demand for practically all commodities, inflation concerns, and a recovering global economy, silver is attracting
Is Gold And Silver A Good Hedge Against Inflation? Read More »
The fall of the Roman Empire was caused by a number of factors. Each one swirled in and out of the other. Many people even blame Christianity’s beginning for the downfall. Many Roman citizens became pacifists as a result of Christianity, making it more difficult to resist against barbarian attacks. Money spent on churches may
How Did Inflation Affect The Fall Of Rome? Read More »
The United States’ annual inflation rate has risen from 3.2 percent in 2011 to 4.7 percent in 2021. This suggests that the dollar’s purchasing power has deteriorated in recent years. What will the dollar’s purchasing power be in 2021? National Tooth Fairy Day is celebrated twice a year, on February 28 and August 22. It’s
What Was Inflation For 2020? Read More »
