To solve the mystery created by the inflation worries that are in the news, we can look at sticky and flexible prices.
The Travels of Mobile Money
Zimbabwe’s monetary crises used to create money laundering…literally. To preserve their limited supply of worn U.S. dollars, households had to wash them: Now though, they have a new solution. Going Cashless Mobile money has become increasingly popular. Wherever hyperinflation is…
The Chaos Created By Venezuela’s Soaring Inflation Rate
When Venezuela’s inflation rate entered the stratosphere, it created chaos that shifted the rhythm and rationality of daily life.
The Money That People Won’t Spend
Swinging from hyperinflation to deflation, the value of Zimbabwe currency has created uncertainty for more than a decade.
How to Make the Invisible Hand Disappear
With shortages of basic necessities, price controls, lack of foreign exchange and rising prices, Venezuela’s inflation rate is soaring.
Weekly Roundup: From More Money to Fewer Restrooms
Our everyday economics includes scarcity, tradeoffs, cost, sustainability, hyperinflation, gender issues, externalities, African development, human capital.
Where to Spend 100 Trillion (Zimbabwe) Dollars
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
What We Can Learn from Venezuelan Inflation
Shortages, long lines, and panic buying are several ways that hyperinflation is creating chaos for local and foreign firms and consumers in Venezuela.
Expanding How We Measure Inflation
Our CPI measure of the inflation rate has been debated because it could be calculated using a chained CPU, could be real time, and excludes some seniors.