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Q: How is extreme inflation affecting middle-class Venezuelans?
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What causes your bicycle tire to wear down?

Extreme braking and low inflation cause wear on a bike tire.


What is quantitive easing?

Increasing the money supply thus eventually creating inflation - or in extreme situations, hyperinflation. It is a tool used by central banks to offset deflation and recession.


What are some safe investments for a young family?

The safest investments for a young family are investments that have intrinsic value, such as gold, silver, and oil. These investments will hold their value even during periods of extreme inflation and will always be in demand.


What is the impact of inflation in economy?

Inflation is caused due to several economic factors:When the government of a country print money in excess, prices increase to keep up with the increase in currency, leading to inflation.Increase in production and labor costs, have a direct impact on the price of the final product, resulting in inflation.When countries borrow money, they have to cope with the interest burden. This interest burden results in inflation.High taxes on consumer products, can also lead to inflation.Demands pull inflation, wherein the economy demands more goods and services than what is produced.Cost push inflation or supply shock inflation, wherein non availability of a commodity would lead to increase in prices.ProblemsThe problems due to inflation would be:When the balance between supply and demand goes out of control, consumers could change their buying habits, forcing manufacturers to cut down production.The mortgage crisis of 2007 in USA could best illustrate the ill effects of inflation. Housing prices increases substantially from 2002 onwards, resulting in a dramatic decrease in demand.Inflation can create major problems in the economy. Price increase can worsen the poverty affecting low income household,Inflation creates economic uncertainty and is a dampener to the investment climate slowing growth and finally it reduce savings and thereby consumption.The producers would not be able to control the cost of raw material and labor and hence the price of the final product. This could result in less profit or in some extreme case no profit, forcing them out of business.Manufacturers would not have an incentive to invest in new equipment and new technology.Uncertainty would force people to withdraw money from the bank and convert it into product with long lasting value like gold, artifacts.Inflation in India EconomyIndia after independence has had a more stable record with respect to inflation than most other developing countries. Since 1950, the inflation in Indian economy has been in single digits for most of the yearsBetween 1950-1960The inflation on an average was at 2.00%Between 1960-1970The inflation on an average was at 7.2%Between 1970-1980The inflation on an average was at 8.5%.Inflation At PresentInflation in India a menace a few years ago is at a 30 year low. The inflation ended at a low of 0.61% in the week ended May 9, 2009 this after reaching a 16 year high of 12.91 % in August 2008, bringing in a sigh of relief to policymakers.


How do you prevent tire tube from sliding on bicycle?

Use the right inflation pressure. In extreme cases, use contact cement to glue one side of the tire to the rim. By leaving one side unglued, you'll still be able to get the tube out should you need it.


Was the great depression world wide or just in the US?

Yes the great deoression was only in america, although there was a much worse depression in Germany from the extreme inflation caused my it's excessive money printing to pay it's war debit at about the same time.


Who has the biggest hyperinflation ever?

Hungary, in 1945-46. The Hungarian 'pengő' went from a largest denomination of 1,000 in 1944 to 100,000,000,000,000,000,000 in the middle of 1946. Finally, Hungary had to create a new currency to stop the inflation, replacing the pengő with the florint. When this happened, the value of ALL bank notes in circulation had a combined value of one thousandth of a US dollar. When florint was introduced, it replaced the pengő at 4x1029 to 1. The total impact of the inflation can best be described this way: At its most extreme, the inflation peaked at 1.3x1016 percent per month. This means that the prices of items doubled every 15 hours.


How did Germany respond to the treaty of versallies?

It destroyed German pride, it made inflation within Germany rise to extreme levels and created a new army of the youth of WWI. This army would grow to be Nazi Germany. The Treaty of Versailles is considered one of the main reasons for WWII.


Why are extreme sports so extreme?

Thier "extreme" because thier made to be.


What are the release dates for Extreme - 2009 Extreme SeaWorld?

Extreme - 2009 Extreme SeaWorld was released on: USA: 26 September 2010


When was Extreme Conditions Demand Extreme Responses created?

Extreme Conditions Demand Extreme Responses was created on 1992-03-21.


Is man responsible for natural diasters?

Generally not. In some cases human activities can exacerbate the effects of some natural disasters, and there is an ongoing debate as to whether climate change due to human acticity is affecting extreme weather events. But for the most part, natural disasters are beyond our influence.