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 Febr...

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...

THE 2023 ECONOMIC DISASTER  "What are the first things people should be aware of in 2023? First, we need to be ready for any potential economic downturn. History shows that the last major market crash was in 1929, and it took 25 years to recover from it. If another market crash occurs, a bailout may be necessary. A bailout involves rescuing a struggling entity, such as a firm, from financial issues. However, if we look at past market crashes, such as the ones in Mexico in 1994, Russia/LTCM in 1998, the dotcom crash in 2000, the Lehman Brothers collapse in 2008, and the pandemic in 2020, we can see that each economic bailout has been more significant than the previous one. While economic bailouts are common, there is a limit to how much they can be used. When money is pumped into the system, it often results in more debt. If the cost of the last bailout was one trillion dollars, the next one could cost up to twenty trillion dollars. Therefore, governments must be cautious about the...

where are we right now? what's going on? What is the purpose of Executive Order 14067? This order accelerates the transition of the United States to a central bank digital currency (CBDC). This refers to the adoption of digital currencies, or central bank digital currencies (CBDCs), around the world. China has already launched its own digital currency, the digital yuan, which is being tested in several cities including Beijing. The Bahamas also became one of the first countries to roll out a digital currency, the sand dollar, in 2020. The European Central Bank (ECB) is also exploring the possibility of a digital euro and has launched a public consultation on the matter. The U.S.A. has appeared to hurry on this. What are Central Bank Digital Currencies, exactly? Although it is a digital dollar, it is not a new form of money, but a new payment channel. What negative outcomes are likely if we use digital currency? Running out of money is the reason they created the CDBC. THE QUESTION?...

  THE POSITION OF THE  US DOLLAR AS  THE WORLD'S  RESERVE CURRENCY  IN THE FUTURE Why are bricks so important to the world's future? Bricks definition:  They are the following countries: Brazil, Russia,  India, China,  and South Africa. 90% of the world's population lives in these.  five  nations alone. The Change:  Look back to 2017  when Germany made  a very big deal.  about repatriating their gold. The Bank of Austria, the Bank  of Hungary, the Bank  of Turkey, the bank of Czech  national bank, and the  Dutch national bank. These banks all adopted Germany's.  strategy. The Banks title: Give us our gold .  The banks of America and the Bank of  England has both heard that. Even when gold wasn't performing well.  during that time, central banks were,  quietly  boosting their holdings and  bringing them home. The same banks that returned there,   gold purchase...