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Inflation
A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.
1,474 Questions
Why is scarcity not caused by the shortage of money?
Food prices are rising not because of a food shortage or supply at all for that manner, but because of the devaluation of our dollar. Since the Federal Reserve was established in December of 1913, the dollar has devalued by more than 95%.
To answer your question: Not because of a shortage of money.
Our Central Bank has a printing press that has the ability to create mass amounts of U.S. dollars out of thin air. When this happens (Quantitative Easing). Dollars that are being printed are backed by nothing of real value (gold, silver, platinum, palladium), which in turn causes hyperinflation. This is why the price of gold and silver have skyrocketed -- not because of a shortage of metals, but because of the devaluation of the dollar.
This is why in 2008 you could buy an ounce of gold with 800 dollars worth of paper. Now (2011), because the dollar has rapidly been devalued, you would have to fork up 1400 dollars for a single oz. Don't expect it to change. By the end of 2012 the price for an ounce of gold will be unthinkable.
The same goes for crude oil prices: the supply and production of oil hasn't suddenly slowed down, if you think that's why gas prices are going up. But it's because worldwide, the dollar doesn't hold the value that it once had. And it will continue. Don't be surprised when gas prices are between 4 and 5 dollars a gallon.
You don't.
When you go to the beach in the morning and you realize how clean it is... That's why tens of thousands maybe even millions of workers are cleaning the beach that we accepted and litter on, for get our stuff on, and (in some beaches) get changed on. People don't even realize but when the beach is closed they get rid of old sand to put new sand in! You pay for cleaner beaches and you and your family to have a good time.
Hinamori Amu wearing bikini was body inflate?
Yes. In Star Pool and Amu's house, She wearing bikini was gas balloon at Amu's mouth was body inflate, she can't fly.
When Amu deflate like a balloon by Mashiro Rima's standard pin, Mashiro Rima was smiling.
Policies used to combat inflation in south Africa?
Inflation is a rise in the level of prices measured against some baseline of purchasing power (a CPI or consumer price index). Inflation happens because of the interaction between the supply of money, production and interest rates.
Some believe that fiscal policy effects (monetary adjustments) dominate all others in setting the rate of inflation. Others believe a combination of the interaction of money, interest and output dominate over other effects.
Regarding unemployment you need to understand that unemployment occurs naturally in the labor market. There will always be a percentage of people that are unemployed, in between jobs (voluntarily or not), taking a break, milking the system, etc.
Central Banks or other government institutions can and do affect inflation to a significant extent mainly through the setting of interest rates, this is known as using monetary policy. By rising interest rates and allow for a slow growth of the money supply a Central Banks can fight inflation in the short to medium term, thus using unemployment and the decline of production to prevent price increases.
What happens to the future value of money when the inflation rate exceeds the interest rate?
it increases
Will an increase in inflation have a larger impact on the price of a bond or preferred stock?
The preferred stock
Is fifo the inventory costing method that follows the physical flow of the goods?
no, FIFO, LIFO, and weighted-average method are cost flow assumptions these assumptions bear no relation to the physical flow of goods; they are merely used to assign costs to inventory units.
What would 7000 in 1949 be worth today?
To determine the value of $7,000 in 1949 in today's dollars, we can use the inflation rate as a guide. According to the U.S. Bureau of Labor Statistics' Consumer Price Index, $7,000 in 1949 is approximately equivalent to around $76,000 to $80,000 today, depending on the specific inflation rate used. This reflects the general increase in prices and cost of living over the decades.
How much was 250000 worth in 1957?
$250,000.00 in 1957 had the same buying power as $2,142,436.59 in 2016.
How can inflation affect the construction industry?
Construction industry is similar to the manufacturing industry perhaps engg. made a product on the site rather than in a factory. while building something you required material & labor. when the inflation occur the price of the items & services increase, day to day essential things like food, fuel, consumer goods are become costly, thus this also effect individual & company. therefore the material price or manufactured things are become costly as the raw material prices goes up and similarly services are also become costlier.
Thus the material of cement, steel etc increase so would be the total cost of construction will increases.
What was one dollar worth in 1825?
One Dollar at the time BUT given inflation that one dollar would have purchased what $24.39 would purchase in 2015/16
How do interest rates and inflation affect real estate in south Africa?
explain how do intrest rates and inflation affect the real estate
A number of different methods are used see wikipedia article "Airbag" for a pretty full account. The most intersting from a chemistry point of view is the original method which used sodium azide, Na3N which was detonated to produce sodium and nitrogen gas:
2 NaN3 → 2Na + 3 N2
The sodium metal was mopped up by silica, SiO2, to produce silcates.
One hundred dollars in 1954 would be how much today?
I am not sure but it would be around 950 US dollars
