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Inflation: Most people in the U.S. are familiar with the term. To them, it means that there is an overall increase in the prices of goods. The inflation issue became prominent in 2022 when the inflation rate was 8 percent.
MONROVIA – The Founder and CEO of the Liberian-owned non-for-profit Jomah B. Samuels Foundation (JBS Care Foundation), Mr. Jomah B. Samuels, has been named as one of several Africans to work with the U.S.-based Woods Services Foundation to recruit do
The Fraying of the US Global Currency Reserve System Published December 2, 2020 Since autumn of 2019, I’ve been bearish on the dollar, meaning I have a longish-term outlook towards a weaker dollar. This view began forming when the Federal Reserve cut interest rates in summer 2019, and then the view solidified with a catalyst after an overnight repo rate spike in September 2019 forced the Fed to begin supplying repo liquidity. In my October 2, 2019 article, “The Most Crowded Trade“, I said to look for a weaker dollar in 2020, and also stated that the Fed would likely start expanding its ...