Posts

Why I love numbers in economics (and explaining Venezuela's economic troubles with inflation)

Since my elementary school days, I have been highly devoted in studying mathematics. With my interest in numbers, I started taking math-related courses in college. Especially since 2017, I have been watching the value of currencies fall in relation to the U.S. dollar, like what economist Steve Hanke does every day. I track the countries worst affected by inflation during the past year. In July 2017, I started looking at Venezuela's currency, the bolivar. While the official exchange rate was maintained by the government at 10 bolivars per dollar at the time, the black market value of the U.S. dollar was estimated at over 8000 bolivars (not a typo!), and the money supply was in the tens of trillions of bolivars. This shows that price controls in a multiple exchange rate regime causes serious problems for the economy. Just three months later, the price of $1 has reached 40,000 bolivars, and by the end of 2017, it was over 100,000 bolivars along with the continued, exorbitant growth of

How Colombia was spared from high inflation

Colombia was the only major South American economy that did not experience very high or extreme inflation rates. Since records began, Colombia has never had an annual inflation rate over 50 percent. However, the value of the Colombian peso had continued falling relative to stable currencies during that time. At the start of 1985, one U.S. dollar could buy 116 Colombian pesos. By the end of 1992, the U.S. dollar exchange rate had reached 738 pesos. This represents a devaluation of 84 percent relative to the greenback in eight years. The main cause of relatively low inflation compared to other major economies in South America remains unclear, and it was unusual for Colombia to experience such low inflation rates during the Latin American debt crisis. In contrast, Argentina, Bolivia, Brazil, and Peru experienced annual inflation rates of over 1000 percent, probably because of printing money to pay off debts, which is moronic to do because it just aggravates inflation. Maybe Colombia never

Why the Squad of four congresswomen hates America

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The "Squad" of four congresswomen, all of who despise American values. It is a battle between America and the progressive, globalist left. Recently, I have been getting in touch with the four congresswomen, all criticized by Donald Trump as being "very racist" and "troublemaking". The four congresswomen of the Squad are Alexandria Ocasio-Cortez (NY-14), Ilhan Abdullahi Omar (MN-5), Ayanna Pressley (MA-7), and Rashida Tlaib (MI-13). Of these, only Ilhan Omar was born outside the United States, in Mogadishu, Somalia; the rest were born on U.S. soil. The four progressive congresswomen have shown their hatred of America through repeated anti-Semitic comments, bashing Israel with unfounded criticisms (one of America's close allies which the left hates), embracing abortion until birth, and advocating for socialism and open borders. Even worse, now they are calling to abolish ICE (the Immigration and Customs Enforcement) and the Department of Homeland

Apologies for my inactivity

Due to my recent movement of my home, and getting busy with doing college-related stuff, I could not post anything on my blog for more than two months. I will be able to post anything very soon on my blog on my free time, since I remain busy doing college work in the meantime. Thanks for waiting!

Crazy liberals!

Here is a list of liberals acting crazy every day to taunt the President and his allies. Bill De Blasio: ran NYC to the ground once more with stiff taxes, regulations, and a $15/hour minimum wage. Now the city is on the verge of bankruptcy. Andrew Cuomo: 56th Governor of New York. With the same liberal plan that ruined other states, New York is struggling to keep its economy growing as its citizens flee for other states. Again, the big cities are generally Democratic strongholds, which helps keep Democrats in control of the great state of New York. Ilhan Omar: Facilitates antisemitism, bigotry, and hatred. The media and other progressives call her a "hero". She trivialized the attacks on September 11, 2001 with "some people did something". In reality, it is an act of war and terrorism. People who foolishly stand with Omar secretly embrace Islam and antisemitism. Adam Schiff continues to keep the fake "Russian Collusion" story going, even when givin

My history in American politics #WalkAway

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When I went to the United States, I had no real experience in American politics and its issues because I never heard of that. I had no experience in American politics well into my time living in the United States, as I did not know what the differences between the two major political parties in the United States (the Republican Party and the Democratic Party). Only in the start of 2016 I began getting involved in the politics of the United States as a liberal due to embracing Bernie Sanders, and I formerly showed dislike on conservatives and Donald Trump. I formerly thought that America was doomed due to Donald Trump as I relied on the liberal media on supposed "facts". I used to believe in climate change, higher taxes, so-called "net neutrality", an increased minimum wage, and I continued to do so because of Trump's low approval rating for over a year, until I began realizing the failures committed by the left, including socialism (take a look at Venezuela),

Playrix April Fools' Day 2019

On April Fools' Day 2019, Playrix played jokes on fans of these games. They might be temporary, so these posts may be permanently lost after a few days. Township (cross Fishdom ?!) Fishdom Gardenscapes Homescapes