monetary system

  1. After seven years of bailouts, Greeks sink yet deeper in poverty

    After seven years of bailouts, Greeks sink yet deeper in poverty
    Greek pensioner Dimitra says she never imagined a life reduced to food handouts: some rice, two bags of pasta, a packet of chickpeas, some dates and a tin of milk for the month. By Karolina Tagaris | ATHENS At 73, Dimitra – who herself once helped the hard-up as a Red Cross food server – is among a growing number of Greeks barely...
  2. Worthless Paper - Zimbabwe (The Chaos of Zimbabwe's Multicurrency Regime)

    Worthless Paper - Zimbabwe (The Chaos of Zimbabwe's Multicurrency Regime)
    By: Farhah Aziz Zimbabwe; a landlocked country known for Victoria Falls, Robert Mugabe and indeed the hyperinflation crisis. Who hasn’t heard of the infamous phase of hyperinflation crisis plaguing the country in the late ‘90s stretching into early 2000s? The annual inflation rate was indeed extremely staggering with a record high, 500 billion per cent as of 2009, ranked the...

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