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3232Elon Musk: How Government Overspending and Excessive Regulation Fuel Inflation
https://www.digit.info/elon-musk-how-government-overspending-and-excessive-regulation-fuel-inflation/
Sun, 11 Aug 2024 00:30:05 +0000https://www.digit.info/elon-musk-how-government-overspending-and-excessive-regulation-fuel-inflation/Read more]]>Elon Musk, CEO of Tesla and Spacex, has expressed his view that inflation is primarily driven by government overspending, which he emphasized as “the vast majority of the problem.” He also noted that excessive regulation worsens the situation, underscoring that the issue stems from the government, not the private sector. Elon Musk on Inflation, Government […]
]]>Lebanese Economy Crashes to New Lows – In Less Than Two Years Nation’s Currency Lost 90% Against the US Dollar
https://www.digit.info/lebanese-economy-crashes-to-new-lows-in-less-than-two-years-nations-currency-lost-90-against-the-us-dollar/
Mon, 14 Jun 2021 06:00:37 +0000https://www.digit.info/2021/06/14/lebanese-economy-crashes-to-new-lows-in-less-than-two-years-nations-currency-lost-90-against-the-us-dollar/Read more]]>The Lebanese pound dropped to a new low on Sunday against the greenback trading in the low 1,500s range to the U.S. dollar. Lebanon’s currency has been in a downward spiral since 2019, as the pound has lost 90% of its value since then. Reports note that Lebanese citizens are facing shortfalls on basic goods […]