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Latest Virgin Islands (BVI) News on local community, politics, finance/business, culture and sports.
Latest Virgin Islands (BVI) News on local community, politics, finance/business, culture and sports.
Retired military members like Priscilla Cuffee says she doesn't regret joining the service for a second because it taught her an important lesson.
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Inflation in the aftermath of wars and pandemics For Kevin DALY's full bio, For Rositsa D. CHANKOVA's full bio, The economic consequences of Covid-19 are often compared to a war, prompting fears of rising inflation and high bond yields. However, historically, pandemics and wars have had diverging effects. This column uses data extending to the 1300s to compare inflation and government bond yield behaviour in the aftermath of the world’s 12 largest wars and pandemics. It shows that both inflation and bond yields typically rise in wartime but remain relatively stable during pandemics. Althoug...