№ 637. Rachmaninoff

My English Club

 

№ 636. Tall Tales, Broad Allegations, Generalizations and Conspiracies

The Guardian

 

"Further, broad allegations amounting to a generalization that certain corporations allow themselves to serve as dummies for cartels or foreigners cannot hold ground in this Court. These constitute criminal acts. The Constitution requires that judicial action proceed carefully and always from a presumption of innocence. Tall tales of conspiratorial actions — though they may be salacious, make for interesting fiction, and are fodder for social media — do not deserve any judicial action. Broad generalizations of facts without corresponding evidence border on the contemptuous." --- National Federation of Hog Farmers, Inc. v. Board of Investments, G.R. No. 205835, June 23, 2020, Supreme Court En Banc

№ 635. Inflation

Hedgeye

 

What Is Inflation?

Inflation is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average price level of a basket of selected goods and services in an economy over some period of time. The rise in prices, which is often expressed as a percentage, means that a unit of currency effectively buys less than it did in prior periods. Inflation can be contrasted with deflation, which occurs when the purchasing power of money increases and prices decline. 

 

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