Vahan Roth

  Earlier in 2024, global government debt hit a record $91.4 trillion, according to the Institute of International Finance, the global association of the financial industry. The world’s combined gross domestic product (GDP) in 2024 is projected to be approximately $109.5 trillion. The International Monetary Fund (IMF), which promotes global monetary cooperation, financial stability and economic growth, […]

  Gold has been making headlines in the financial press for quite some time now, thanks to its stellar performance. Since October 2023, the price of gold has been making robust gains, hitting an all-time high of $2,480 per ounce on July 17. This is a significant jump from its previous record of $2,075, set […]

  A lot has been said and even more has been written about the countless vulnerabilities and hopeless shortcomings of the public education system. Arguments range from its propensity to produce consistently poor results and to inevitably become politically influenced and exploited, to the lack of opportunities that its cookie-cutter approach offers to both academically […]

  When consumer price inflation first reared its ugly head in the aftermath of the Covid-19 crisis, the initial reaction of central bankers and politicians was to dismiss it, along with anyone expressing concern over it. As Federal Reserve Chair Jerome Powell put it, consumer price increases were merely “transitory” and nothing to be too […]

  Until only a few months ago, inflation dominated the headlines and monopolized the attention of the financial press. Ordinary consumers and savers were extremely worried about its impact on their household budgets and shrinking paychecks. These concerns appear to have somewhat eased now that official consumer price index (CPI) data is on a downward […]