Why Doesn’t the Government Simply Give Households Lots of Money to Stimulate the Economy?
Question: One of the most popular suggestions I’ve heard for stimulating the economy is the federal government should give every household one or two million dollars. Would that work or would it create hyperinflation? Paul Solman: Let’s not be profligate…
As the Amount of Money in Circulation Increases Rapidly, How Does the Fed Prevent Hyperinflation?
Question: If the Fed and Treasury have increased the amount of money in circulation by $1.6 trillion in an effort to stave off deflation in the near term, how does the Fed take this money back out of circulation to…
Riots Break Out as Zimbabwe Faces Cholera Epidemic, Hyperinflation
Doctors, teachers and union members clashed with riot police in the streets of Zimbabwe's capital of Harare as they protested the country's deepening economic meltdown and a cholera epidemic that has been blamed on poor infrastructure.
Watch
Reporter Describes Mugabe’s Tenuous Hold on Power
In the wake of a decisive defeat in Zimbabwe's parliamentary elections on Saturday, President Robert Mugabe faces an uncertain future after 28 years in power. Charlayne Hunter-Gault reports on the situation from neighboring South Africa.
Cristina Fernandez de Kirchner, wife of President Nestor Kirchner, was elected president of Argentina Sunday. The NewsHour reports on Kirchner's transition from First Lady to the country's presidency.
