Posts Tagged ‘U.S. dollar’

  • Everyday economics: Looking at the CPI and beyond, there are many ways to calculate the inflation rate.

    Expanding How We Measure Inflation

    Dec 9, 14 • 460 Views • No Comments

    Our CPI measure of the inflation rate has been debated because it could be calculated using a chained CPU, could be real time, and excludes some seniors....  [read more]

  • penny...16875_5.12_000008715889XSmall

    Coin Matters

    Apr 27, 12 • 367 Views • No Comments

    Hearing that Zimbabweans had a limited supply of coins, I recalled one person’s response to Starbucks’ price hike to $2.01 for a tall coffee in NYC: “I can’t believe it. Now I need to walk around with pennies?” I guess we take change for...  [read more]

  • Money..16624_4.26_000006278830XSmall

    Laundering Zimbabwean money

    Mar 29, 12 • 376 Views • No Comments

    In Zimbabwe, people are laundering money. Literally. When their U.S. dollars look too gray and faded, Zimbabweans wash and dry them. In this Wall Street Journal photo, dollar bills, shirts and sheets are suspended with clothes pins along a line. Why? First...  [read more]