Tag Archives: Foreign exchange market

09Mar/26

The Political Economy of Crisis, War Finance, and Inflation

Why the “Money Printer Goes Brrr”: The Ancient Roots of Modern Inflation

March 9, 2026 /Mpelembe Media/ — Inflation, Hyperinflation, and the “Money Printer” Relying on the printing press to fund state expenditures has historically been a primary catalyst for inflation and, in extreme cases, hyperinflation. This phenomenon stretches back to the fall of the Roman Empire, where successive emperors debased the silver Denarius to pay for military and administrative costs, ultimately destroying public faith in the currency. Modern examples of hyperinflation—such as Weimar Germany in 1923, Zimbabwe in 2008, and Venezuela—demonstrate the devastating consequences of unchecked monetary expansion, which annihilates savings, causes basic necessities to become unaffordable, and forces citizens to resort to bartering or foreign currencies

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06Jan/26

2026 Venezuelan oil is being used to counter BRICS momentum

Jan. 6, 2026 /Mpelembe Media/ —The term petrodollar refers to the global system where crude oil is priced and traded exclusively in U.S. dollars. This system has been a cornerstone of American economic and geopolitical power for over 50 years. As of early 2026, the petrodollar system is facing its most significant challenges since its inception, with major shifts in Venezuela and the Middle East reshaping the global energy landscape. Continue reading

17Apr/23

Reasons why Purchasing-power parity is a better metric for comparing people’s well-being than Exchange rates

April 17, 2023 /Economy/ — Purchasing-power parity (PPP) is a measure of the value of different currencies, taking into account the cost of living in different countries. It is often used to compare the standard of living in different countries.

Exchange rates, on the other hand, are the prices of one currency in terms of another. They are determined by supply and demand in the foreign exchange market.

There are a few reasons why PPP is a better metric for comparing people’s well-being than exchange rates. Continue reading

17Apr/23

Future of the dollar, as oil deals are increasingly done in other currencies

April 17, 2023 /Economy/ — The future of the dollar as the world’s reserve currency is uncertain. The dollar has been the world’s reserve currency for over 70 years, but there is a growing trend of countries using other currencies for oil deals. This trend is being driven by a number of factors, including the rise of China and other emerging economies, the increasing volatility of the dollar, and the desire of some countries to reduce their reliance on the United States.
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