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1-The inflation that in March reached 13.34% was also one of the reasons that the Issuer's Board of Directors took into account to increase the interest rate. "Annual inflation in March remained relatively stable, thanks to the reduction in food inflation, which between February and March went from 24.1% to 21.8%.

 

2- Plan purchases, supermarkets and other products. One way to deal with rising prices is to plan purchases. ...

Don't waste. ...

Control ant expenses.

Concern about upsetting the ecological balance of an area.

 

 

The process is a specific methodology within the Grinberg Method.

 

 

Excess in these areas is fatal to the success.

1- That merchandise that you are buying represents a current asset because it will become cash in less than a one-year period.

 

2- I can answer basic questions related to the current assets.

3- I can write a short paragraph explaining current assets.

1- apparently and supposedly. for improvements in the country and that with this increase, low-income people can be helped. but even so the family basket is affected.

 

2- First of all, you have to start with reducing the expenses that people use daily, that is: gasoline, the family basket. and likewise depending on the expenses.

1. The competitiveness occurs a lot in large companies at a national and international level.

 

2. The excess interest charges at banks harm businesses and households.

 

3. Maria carries out a good procedure within her company to make it competitive.

1. Governments have to take several measures and procedures to regulate inflation.

 

2. I learned about three main methods.

 

3. Inflation is a typical concern in all type of economies, so it is crucial for governments to administrate the rates.

1. The increase is part of the monetary policy that seeks to return inflation to a target of 3%. By raising the interest rate, it is expected to decrease the demand for goods and services by individuals and companies, thus reducing inflation.

 

2.Monetary policy in Colombia aims to maintain a low and stable inflation rate, and to reach the maximum sustainable level of output and employment. In this way, monetary policy complies with the mandate of the Constitution to ensure that the purchasing power of the peso is maintained and contributes to improving the well-being of the population.

1. it makes credit more expensive and people try not to borrow. Over time this translates into a decrease in consumption, in addition to encouraging savings.

 

2.Create a budget. ...

Avoid impulse purchases. ...

Find substitutes for products. ...

Reduce the consumption of electrical energy. ...

Reduce fuel consumption. ...

Have an emergency fund.

1.Why do you think governments increase interest rates?

The governments increase the rate because the economy increases and likewise increase interest and to strengthen and give credibility to the financial system.

 

2. What do you consider the best field to fight against inflation is?

The best field to fight against inflation is in the family basket, since this affects all households worldwide due to low resources, lack of unemployment and other consequences.

1. Governments increase the interest rate making credit more expensive and people try not to borrow. Over time this translates into a decrease in consumption, in addition to encouraging savings.

 

2. The best way to fight inflation is to set prices more strategically and not just based on cost.

1) The increase in interest rates causes an increase in delinquency in the medium or long term of financial obligations, reducing confidence in one of the pillars of the economy, represented in the credibility and strength of the financial system.

 

2). “The Government will deepen its anti-inflationary policy with structural measures, such as the tax reform for large fortunes, the fertilizer subsidy, the agrarian reform, food in poor neighborhoods and the change in the energy tariff formula”

Banks hope that if borrowing money becomes more expensive, consumer demand will fall, bringing down prices along the way.

This occurs because lenders will demand higher interest rates as compensation for the decrease in purchasing power of the money they are paid in the future.

 

Inflation is defined by the rate at which the value of a currency is falling and, consequently, the general level of prices for goods and services is rising. Inflation is a natural occurrence in an economy, but inflation hedging can be used to offset the anticipated drop in a currency's price, thus protecting the decreased purchasing power.

The increase in interest rates causes an increase in delinquency in the medium or long term of financial obligations, reducing confidence in one of the pillars of the economy, represented in the credibility and strength of the financial system

 

2.Create a budget

Avoid impulse purchases

Find product substitutes

Reduce electricity consumption

Reduce fuel costs

Have an emergency fund.

Controlling Inflation