Articles on Inflation

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Venezuelan President Nicolás Maduro created a new cryptocurrency called the ‘Petro’ to combat hyperinflation. Reuters/Carlos Garcia Rawlins

Is authoritarianism bad for the economy? Ask Venezuela – or Hungary or Turkey

When an elected leader turns autocratic, the economy tends to suffer. That's because, in a functioning democracy, economic policy is made jointly, with lawmakers playing a key role.
Internal strikes throughout the country might harm the economy at least as much as the announced sanctions (Tehran, 2017). Stella Morgana

If sanctions do not put a halt to Iran’s economy, workers will

As Iran struggles under another round of international sanctions, a widening social gap is putting President Hassan Rouhani's government under pressure.
The financial system is awash with money, which is why interest rates have been so low for so long. (Shutterstock)

How banks have set a trap for the U.S. Fed by creating money

It's been 10 years since the U.S. signed into law a scheme to print money, essentially, and save the financial sector amid the sub-prime mortgage meltdown. Did it work? And who's truly benefitted?

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