*WHY……* ⁉️
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*Why poorer nations can’t just print more money and become rich..?**
While additional money printing is likely to increase the demand for goods and services, it may lead to a sharp rise in inflation if the economic output fails to support demand. … Another problem with printing more money is a decline in currency value due to higher inflation
This happened recently in Zimbabwe, in Africa, and in Venezuela, in South America, when these countries printed more money to try to make their economies grow.
As the printing presses speed up, prices rose faster, until these countries started to suffer from something called “hyperinflation”. That’s when prices rise by an amazing amount in a year.
When Zimbabwe was hit by hyperinflation, in 2008, prices rose as much as 231,000,000% in a single year. Imagine, a sweet which cost one Zimbabwe dollar before the inflation would have cost 231m Zimbabwean dollars a year later.
*Printing more currency leads to hyperinflation.*
💁🏻♂ *GK TODAY*
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*1 November – World Vegan Day* : World Vegan Day is celebrated on 1st November to raise awareness about the benefits of a vegan diet and veganism in general. On 1st November 1994, the first Vegan Day was established to commemorate the 50th anniversary of the UK Vegan Society.
*On 1 November, All Saints’ Day* is celebrated to praise all saints’. All Saints’ Day is also known as All Hallows’ Day or Hallowmas.
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*BORN TODAY* 🐣💐
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*Vangipurapu Venkata Sai Laxman* ( born 1 November 1974), commonly known as VVS Laxman, is a former Indian cricketer and currently a cricket commentator. In 2012, Laxman retired from international cricket.
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*IDIOMS & PHRASES*
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*Knee Jerk Reaction:**
A quick response
The statement was just a knee jerk reaction.
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*SYNONYMS*
*Gracious* : Hospitable.
friendly, polite, courteous
*ANTONYMS*
*Gracious* x Rude, cruel
🧬 *HEALTH CARE: HOME REMEDIES*🩺
*Drinking ajwain water* can help fight diabetes, constipation, stomach ache and gas, diarrhoea, asthma.
Thymol present in ajwain seeds, helps release gastric juices in the stomach, thereby boosting the digestion process. Gas: Ajwain water is often recommended to patients of gas and bloating. This is so because this simple drink is known to enhance digestion and reduce symptoms of gastric issues.
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Ms. Pooja, |
