Each day, I accurately measure inflation for countries experiencing elevated inflation rates using high-frequency data and the principle of Purchasing Power Parity. As COVID-19 continues to ravage markets across the globe, foreign exchange rates for many developing countries are plummeting.
WALL STREET – Another unprecedented event is unfolding from the recent Twitter/Bitcoin scam as investors begin digesting the information. And the results are clear. Millions are starting to realize the bitcoin scammer has a better business model than every electric vehicle company combined.