PRINCIPLE OF LEVERAGE

 Lebanon Beirut Inflation rate for March 2023 By Youssef. E. Chamoun's   In March 2023, Lebanon's inflation rate reached a new high. Political unrest and economic difficulties have hampered Lebanon's economy for years, and things seem to worsen.  The nation's annual inflation rate rose from 190% in February 2023 to an all-time high of 264% in March 2023.  The Lebanese people are concerned about this inflation rate because it is the greatest since similar records first started keeping track of inflation in 2008. Inflation Drivers:   The expenses of communication increased by an astounding 620%, which was a major contributor to the inflationary pressures.  While restaurants and motels had an increase of 386% alcoholic beverages and tobacco saw a 451% increase.  Transportation prices rose by 301%, housing, and utility costs by 130%, and health expenditures by 374%.  Food and non-alcoholic beverage consumption increased from 261% in February to 352% in March,

The weakening of the U.S. dollar and its effect on the Lebanese economy. By Youssef E. Chamoun If you're interested in delving further into the topics of micro and global economics, I invite you to explore my blog at https://youssefchamoun.blogspot.com/. There, you'll find insightful articles and analyses on a wide range of economic issues, from the latest global market trends to the intricacies of microeconomic theory. Whether you're a seasoned economist or simply interested in learning more about how the world economy operates, my blog provides a wealth of information and perspectives to broaden your understanding. I hope you'll find it to be a valuable resource in your pursuit of economic knowledge. The Lebanese currency has lost 90% of its value due to devaluation. What would happen if the US dollar became even weaker? The Lebanese economy is heavily dollarized, meaning that the US dollar is widely used in transactions and many assets and liabilities are denominated