Increases in uncertainty[ edit ] Increases in uncertainty can depress investment, or consumption. Local supercluster — the galaxy supercluster to which the Local Group belongs; it spreads over million light-years and boasts the Virgo Cluster as its dominant member.
Eclipse — the total or partial blocking of one celestial body by another. The video of that discussion was not preserved but I provide the power point outlines here: Diffraction — Spreading out of light as it passes the edge of an obstacle. Relativity — Theory in physics developed by Albert Eistein.
In other words, the common usage of the word inflation is the effect that people see. Nebula — a cloud of interstellar gas and dust; some nebulae represent stellar nurseries, others represent stellar graveyards. Synchrotron emission — Electromagnetic field from high-energy electrons that are moving in a given magnetic field.
Aphelion is the point of orbit of a planet or comet which is farthest away from the sun. The pertinent statistics are grossly inaccurate, but even when very conservatively evaluated, inflationary forces in excess of 5 percent are indicated. The Devil Is in the Details There is as much debate over how to calculate GDP and inflation as there is about what to do with them when they're published.
It's like trying to steer a ship the size of Texas across the Pacific - it can be done, but the rudder on this ship must be small so as to cause the least disruption to the water around it. In the earlier episodes, depositors ran to their banks and demanded cash in exchange for their checking accounts.
Anisotropy is the state of being directionally dependent. Of course, price inflation is an important part of the estimate of real inflation.
With financial markets effectively euthanized, the remaining goods and physical asset prices would move in perverse directions. But today, like so much else in economics and finance it seems to be working upside down and backwards.
Dark adaptation — The ability of the human eye to adjust seeing dim objects in the dark. But how do we define currency in circulation. As the increase in money supply occurs, the value of the dollar drops.
This fallacy is widely accepted without critical analysis. Superior conjunction — Constitution of an inferior planet when it lies on the far side of the sun.
Nucleus — the central region of an atom, comet, or galaxy. Greenspan's position now Ben Bernanke's as Chairman of the Federal Reserve provided him with special, albeit un-sexy, powers - chiefly the ability to set the Federal Funds Rate.
Field of view — The area of the sky visible through a telescope or binoculars. US cyclical expansions since have averaged just short of 5 years in length. How about our savings accounts. Altazimuth mount is a two-axis mount used to support and rotate an instrument in two common perpendicular axes, vertical altitude and horizontal azimuth.
It is important to keep in mind that the GDP figures as reported to investors are already adjusted for inflation. In the case of collective bargaining, wage growth will be set as a function of inflationary expectations, which will be higher when inflation is high.
Microgravity — A condition the force of gravity is very low, producing a near-weightless environment.
Tropical year — Time earth revolves around the sun in relation to the vernal equinox. Price inflation tends to reduce demand and increase supply.
What causes inflation? How does it affect your investments and standard of living? This tutorial has the answers. Mar 22, · The people who set interest rates don’t know what causes inflation, how to measure it, or how to move it up and down. Causes of Inflation There is no single theory for the cause of inflation that is universally agreed upon by economists and academics, but there are a few hypotheses that are commonly held.
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1 day ago · Understanding the causes of inflation is one thing but knowing how to stop it is another matter altogether. Sometimes, inflation is like opening Pandora’s Box:.
The Good Aspects of Inflation. In a fact that is surprising to most people, economists generally argue that some inflation is a good thing.
A healthy rate of inflation is considered to be approximately 2 .Understanding inflation and its causes