Inflation in Egypt

COMMENTS: Inflation was expected in Egypt after the IMF induced austerity measures of 2016 that included floating the Egyptian pound, raising taxes and reduction subsidies. The June 2018 figures indicate that “urban consumer” inflation rose to 14.4% from 11.4% Continue reading “Inflation in Egypt”

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The Crypto “Key Chain” – Eureka, Easy Wealth!

Tom and Bill met daily during their lunch break at a nearby café. One day, Tom took out a colorful plastic key chain from his pocket and showed it to Bill, explaining that he had just purchased it at the flea market for $ 2. Bill was instantly taken by its beauty and insisted on Continue reading “The Crypto “Key Chain” – Eureka, Easy Wealth!”

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Inflation in Kuwait and the Gulf

One economic opinion argues that rising oil prices do not cause consumer price inflation in the short to medium term. Its reasons that consumers’ incomes are fixed in the short term and, as such, are distributed (spent) among a variety (basket) of goods and services. Continue reading “Inflation in Kuwait and the Gulf”

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