The World's 5 Most Livable Cities
Living conditions around the world are on a steep decline as of late. According to the Economist Intelligence Unit's (EIU) annual livability ranking — which examines the quality of life in 140 cities...
Wage Growth Hits A Record Low
Wage growth just hit a record low. Wages grew by 0.2% in the second quarter, according to the latest employment cost index, released Friday by the Bureau of Labor Statistics. This is the smallest quar...
The best and worst states to make a living
Choosing a place to live where you can find good, well-paid work and stretch your paycheck to cover your costs can be difficult. To help you out, the personal finance site MoneyRates used several dat...
What can you buy for $100 trillion in Zimbabwe? Not even a candy bar
Zimbabweans will start getting rid of their basically worthless local currency for a just a few US dollars next week. Residents will get $1 for every 250 trillion Zimbabwe dollars they turn in.
FAO Schwarz To Close New York City Store Due To Rising Rent
FAO Schwarz is closing its iconic toy store in midtown Manhattan as a result of rising rents, Bloomberg reports. The store, known for its giant toy piano, is a major tourist destination made famous by...
The Cost Of Living Worldwide
We think about cost of living all the time, especially when we're looking to move from one location to another. Our perspective is, therefore, generally rather narrow
Inflation - Fed bets that easing strategy will work
Federal Reserve Chairman Ben Bernanke's quantitative easing (QE2) program appears to have touched off a modest increase in inflation expectations. ...
Inflation
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Chronic inflation
Chronic inflation occurs when a country experiences high inflation for a prolonged period of time (several years or decades) due to undue expansion or increase of the money supply. In countries with ...
Hyperinflation
In economics, hyperinflation occurs when a country experiences very high and usually accelerating rates of inflation, rapidly eroding the real value of the local currency, and causing the population ...
Hyperinflation - Wikipedia
Deflation
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). This should not be confused...
Stagflation
Stagflation, a portmanteau of stagnation and inflation, is a term used in economics to describe a situation where the inflation rate is high, the economic growth rate slows down, and unemployment rema...
Inflation in the Weimar Republic
The hyperinflation in the Weimar Republic was a three-year period of hyperinflation in the Weimar Republic (modern-day Germany) between June 1921 and January 1924.
In order to pay the large costs ...
Inflation in the Weimar Republic - Wikipedia
1973 oil crisis
The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC, consisting of the Arab members of the OPEC plus Egypt, Syria and Tunisia) p...
1973 oil crisis - Wikipedia
Hyperinflation in Zimbabwe
Hyperinflation in Zimbabwe was a period of currency instability that began in the late 1990s, shortly after the confiscation of private farms from white landowners, towards the end of Zimbabwean invol...
Hyperinflation in Zimbabwe - Wikipedia
2007-2008 world food price rises
World food prices increased dramatically in 2007 and the 1st and 2nd quarter of 2008 creating a global crisis and causing political and economical instability and social unrest in both poor and devel...
2007-2008 world food price rises - Wikipedia
Least valued currency unit
This list contains the 180 currencies recognized as legal tender in United Nations (UN) member states, UN observer states, partially recognized or unrecognized states, and their dependencies. Dependen...
Least valued currency unit - Wikipedia
Core inflation
Core inflation represents the long run trend in the price level. In measuring long run inflation, transitory price changes should be excluded. One way of accomplishing this is by excluding items frequ...
Inflation rate
In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.When the price level rises, each unit of currency buys fewer goods ...
Inflation rate - Wikipedia
Money supply
In economics, the money supply or money stock, is the total amount of monetary assets available in an economy at a specific time. There are several ways to define "money," but standard measures usuall...
Money supply - Wikipedia
Price index
A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a ...
Price index - Wikipedia
Inflation targeting
Inflation targeting is a monetary policy in which a central bank has an explicit target inflation rate for the medium term and announces this inflation target to the public. The central bank uses inte...