Sunday, July 18, 2021

Real World Economics: Interest and inflation rates both rooted in money supply – Twin Cities

Inflation remains in the news and concerns the public. And rightly so — rising prices of necessary consumer goods is the very definition of a “pocketbook issue.”

One reader wonders about "the correlation between inflation and interest rates," and asks, "why the Fed is turning 'a blind eye' to inflation while ignoring adjusting interest rates."

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Publisher: Twin Cities
Date: 2021-07-18T14:07:50 00:00
Twitter: @pioneerpress
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Ruinous Olympics economics get even worse with Tokyo Games - Axios

Why it matters: This year, the games' physical location is more of a liability and less of an asset than ever. The Tokyo competition risks spreading COVID-19 in a country with a very low vaccination rate, while bringing no glory (or tourists) to a city that has banned spectators from all events.

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Publisher: Axios
Date: 2021-07-17T11:01:16.376652Z
Author: Felix Salmon
Twitter: @axios
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Bloomberg - Are you a robot?
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Branson space caper may have airline economics | Reuters

Billionaire entrepreneur Richard Branson wears his astronaut's wings at a news conference, after flying with a crew in Virgin Galactic's passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021.

In its 2019 investor blurb, Galactic reckoned that within four years it would be flogging 1,545 seats a year at around $360,000 each, netting some $560 million of revenue.

Publisher: Reuters
Date: 2021-07-16T09:30:04Z
Author: Ed Cropley
Twitter: @Reuters
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Premier of Tasmania - Deloitte Access Economics Business Outlook Report

The latest Deloitte Access Economics Business Outlook Report for June 2021 confirms that our Plan to secure Tasmania’s future is working and our economy continues to rebound while we manage the COVID-19 pandemic.

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SU economics department ranks high in nation | | dailyitem.com
Publisher: The Daily Item
Author: Marcia Moore mmoore dailyitem com
Twitter: @dailyitem
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Economics in Brief: California is First to Provide State-Funded Guaranteed Income Plan

In this May 26, 2020, file photo, members of the state Assembly meet at the Capitol in Sacramento, Calif. On Thursday, July 15, 2021, California lawmakers approved a bill that would fund guaranteed income programs across the state. (AP Photo/Rich Pedroncelli, Pool, File)

California is the First State to Pass Guaranteed Income Plan for Expectant Mothers and Young Adults Leaving Foster Care

Twitter: @NextCityOrg
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How the economics of Haj links millions across the globe - News | Khaleej Times

In the best of times, Haj is a mammoth management of crowds. But in times of Covid, only vaccinated Saudi residents aged between 18 and 65 have been allowed to perform the pilgrimage.

As the trend to perform Haj at a young age catches up in Indonesia, a mobile app has been launched to help the country’s 80 million millennials start their savings early.

Publisher: Khaleej Times
Date: khaleejtimes
Author: Ehtesham Shahid
Twitter: @khaleejtimes
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