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What is Inflation, How is it Calculated and How Does it Affect a Nation's Economy?
The term inflation refers to an increase in the amount of money in circulation without a corresponding increase in the amount of goods and services available to purchase with that money. Inflation always results when governments resort to printing...
28 commentsHow high inflation rate affects on business and economy
Inflation means rising prices and it shows the increase in cost of living. In economics, inflation is explained as rise in the general level of prices of goods and services in an economy over a period of time.
11 commentsAvarice versus Greed
Avarice and greed are often used as interchangeable synonyms, with greed having the higher frequency of use and avarice appearing only rarely. However, if you look at the finer distinctions in their connotations and their etymology, you will find...
64 commentsThe Truth About Credit Card Processing and Interchange Rates and Fees
Learn what merchants and businesses need to know about accepting credit or debit cards and the costs involved with processing, including the meaning of "Interchange Fees" and "Discount Rates" and how these apply to your business.
5 commentsThe Presidency of Jimmy Carter
Jimmy Carter (b. 1924) was the 39th President of the United States (1977-1981). Carter was an obscure, former governor of Georgia when he was selected by the Democratic Party in 1976 as its candidate for the presidency. He had been recruited and...
123 comments5 Comfy Alternatives to The Dreaded Cone of Shame - Plus Review of the Inflatable Dog Collar
The Dreaded Cone of Shame is not your only option for keeping your dog from licking his wounds after surgery. This review covers the pros and cons of the E-collar vs. the more comfortable Inflatable Collars that are available on the market...
10 comments7 Cool Pedal Paddle Boats - Recumbent Comes Alive | Kind to Our Environment
Living in paradise and not having a boat is better than not living in paradise. But what IF you could afford a boat? A boat with no gasoline and not a boat that you have to learn to navigate like a sail boat....
0 commentsRecession: What is it and How did we get there?
Second quarter 2008 First of all, it hasn't yet been determined that the United States is currently in a recession. The National Bureau of Economic Research, the major (and supposedly unbiased) research organization amongst economists, has a special...
18 commentsWhy Paper Money (Currency) Not Backed By Gold and Silver Breeds Less Confidence
There was a time when United States currency would be exchanged for gold or silver. The United States treasury would make the exchange. Our system of money was referred to as a bimetallic standard. In 1964, our government stopped exchanging silver...
19 commentsThe United States National Debt -- 233 years in the making
A history of the United States National Debt, from 1788 to 2009, in text and pictures. Ponder the true foundations of this $12 trillion and growing debt, the changes in policy and values along the way, the personalities involved and those major events that precipitated such cost.
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