As interest rates on traditional banking products have been virtually zero for at least three years, those who used to earn an annual income mainly through time deposits are now required to take the risk of making up for lost interest. Additional pressure is created by the rise in inflation which reduces the value of …
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Using Inflation as a Tool to Improve the Competitiveness of an Economy
An Εurozone/EU member-country’s economic policy can use inflation as an opportunity to achieve two goals: First, to increase the competitiveness of the economy and therefore its employment and growth rate. Second, to reduce the Public Debt-to-GDP ratio. Combining the above, with the imposed need to relieve as much as possible the citizens, especially the weaker …
Industry and Tax sector
A developing country that wants to continue to provide its citizens and businesses, respectively, with opportunities to expand their digital services and platforms, must continually create easy-to-use tools and platforms and push more citizens and businesses to adopt intact digital way of fulfilling their tax obligations. A typical example of such a service is the …
The German Economy Is Heading for a New Recession
The scenario of stagnant inflation in the German economy is visible, which is the worst possible at this time. Extremely worrying are the data for the German economy for the fourth quarter of 2021. In fact, the forecast of Trust Economics (https://trusteconomics.eu) is that, if the problem of the pandemic continues and Q22022 the next …
The Seven Causes-Sins That Trigger Inflation
Arrogance, jealousy, rage, laziness, greed, greed, lust. These are the seven deadly sins from which, if the sinner is not “cleansed”, he will be deprived (according to Dante) of Divine Grace and will be led to the eternal condemnation of his soul. What are the sins that the poor consumer pays today in all the …
Inflation Losses
Citizens of both the US and the EU have learned to live, in recent months, with the resurgence of the phenomenon of inflation that has re-emerged sharply since it was last recorded in early 2011. Adapting to the new reality should be done immediately, as the impact on disposable income is already here as well …
The Devaluation of Human Labour in the Creation of Wealth
Reliable financial institutions such as the International Monetary Fund, the World Bank, the Credit Suisse Research Institute confirm a new reality that has been gradually consolidating over the last decade and which has deteriorated dangerously over the last two years due to the peculiarities of the pandemic. In general, both billionaires and multimillionaires have increased …
Strategic Movements for the Future of Retail Trade
Measures of social distancing impose this new reality of life, which entails changes in the planning and daily life of citizens. These measures of social distancing will continue to exist, despite the forced closure of the market, and impose this new reality of life, in which traders and citizens will have to adapt. For their …
The New Forms of Labor Market after the Pandemic Era
The end of the pandemic that led to an unprecedented global crisis enables countries’ governments to restart their economies by learning from what they experienced through the crisis, always taking into account the potential of each economy they manage. The changes can be neither immediate nor excessive. The aim is to change the direction of …
Persistent High Inflation Prices Reflect Changes in the Real Economy
The inverse relationship between inflation and unemployment has been shown to be temporary-short-term and does not stem from inflation per se, but from unexpected inflation, which contributes to maintaining inflation. By the fact that inflation can contribute to the development of an economy, we mean the positive relationship between rising inflation, that is, the increase …