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Inflation: Understanding its Impact on the Economy

Tom Spencer

Inflation, which refers to a general increase in the price of goods and services, results in a reduction in the purchasing power of money over time. Since 2008, the rate of inflation in the U.S. For example, the Federal Reserve aims to achieve 2% inflation as an ideal benchmark to avoid its counterpart, deflation.

Policies 147
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3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

An innovation culture supports beliefs and feelings about the importance of innovation, as well as habits that encourage research and development. References: Beswick, C., Benchmarking in the process of creating a culture of innovation in hotel companies. Culture is the one thing that impacts everything. Bishop, D., &

Culture 52
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Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

Using the current close of 7.164 as our reference, here is a summary. The Turkish lira plunged to a record and South Africa’s rand fell yesterday to a level weaker than 11 per dollar for the first time since 2008. In the last week the peso fell from 6.643 to 7.164. In the last month the peso fell from 6.362 to 7.164.