Tag Archives: inflation

Inflation, Devaluation and Confiscation

When we live in a financial system where money is printed by governments and they decide that only that can be used as a medium of exchange, it should not be a surprise that they print more and more of … Continue reading

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What is a Dirham or Dollar Worth These Days?

I have been living in the United Arab Emirates for the last 15 years and have been around when they shrunk the 1 dirham (28.5 mm to 24 mm) and 50 fil (25 mm to 21 mm) coins, and have … Continue reading

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Likely Outcome of the US Economy and Dollar

Recently, I came across news that Belarus at the end of last month devalued its Belarus Ruble by 36 percent against the US Dollar and up to 56 percent against other currencies in order to help resolve the country’s balance … Continue reading

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