The Federal Reserve met today and pretty much said they would keep the interest rates zero or close to it for the next three years. Ben Bernanke, chairman, has done everything he said he would in a 2002 speech were he to confront a depression. We are in a depression and he has done everything he said he would.

I finally got to see Dr. Ron Paul speak at the College of Charleston this morning. I have decided to vote for him. In listening to his stump speech, I can give you the skinny as to why I support him. If you live in South Carolina, I encourage you to vote for him.

Plan restrictions on the use of subsidized fuel by the government resulted in soaring inflation. Bank Indonesia (BI) revealed that for subsidized fuel usage restrictions applied then inflation will rise to 0.94%. So that annual inflation for 2012 could reach 5.44%.

Inflation has been a persistent problem for the Indian economy for nearly six years and the Wholesale Price Index (WPI) inflation has been above nine percent for close to a year. A variety of factors which can be attributed to the same such as; supply bottlenecks, rising incomes, greater demand, and changing consumption habits. On a macroeconomic perspective a lot of factors and institutions play a vital role in control and supply of money and inflation control, however this article shall limit itself to the role of Central Bank i.e. RBI.

What began back in the days of the great depression seems to finally coming to a head. The Federal Reserve has steadily increased the money supply since collecting all the gold in the market into a central bank. Now despite our gold supply in the Federal Reserve having started at a value of 40% of our Dollar’s current value they have increased the Dollar supply by over 200% since then while watching no such gold increase.

Indonesia’s annual inflation continued to slow in November to its lowest pace in 19 months, justifying the central bank’s drastic 75 basis point rate cut in the past two months.

Have you heard from many people saying holding cash is stupid as inflation will eats away the cash slowly? Is this the truth? How to maximise the same $1 dollar everyone has?

Inflation normally put hindrances in the way of economic development.

Ministry of Agriculture food wholesale price index rose by 11.3% at the beginning of the year, also down 16% in the month of September.

Not that many years ago, the question would be asked: "What would you do if you had a million dollars?" As children, we used to dream of a million, maybe a billion, confident that this huge amount of money would solve our problems and guarantee happiness and success. Today, we count in trillions, and there is fear of debt and disaster.