In the News
Argentina unveils 2,000 peso note - worth $4
23rd May 2023
The impact of inflation on the value of the Argentinian peso has been made clear as the country has unveiled a 2,000 peso note worth $8.50 at official exchange rates and $4 in the most commonly used parallel markets.
It highlights how inflation, of nearly 100%, and soon to be 130%, according to many commentators erodes the purchasing power of a currency.
You might also like
Low or zero inflation is normal: competition keeps it that way
24th September 2014
Development Economics: The Fortunes of Nations
18th August 2014
Inflation, unemployment and the Misery Index
17th October 2013
60 Second Adventures in Economics - The Phillips Curve
20th September 2012
Economic Growth - Disadvantages
Study Notes
Macroeconomic Objectives and Conflicts (Revision Presentation)
Teaching PowerPoints
Inflation and Deflation (Revision Presentation)
Teaching PowerPoints