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On 13 March 2014, RapidShare announced price increases for its paid services of about 150%. Free users would continue to be able to use RapidShare, but their download speeds and capacity were sharply curtailed. On 10 February 2015, RapidShare announced on its home page that it would shut down its services permanently on 31 March 2015.
The increases in price that can result from rapid money creation can create a vicious circle, requiring ever growing amounts of new money creation to fund government deficits. Hence both monetary inflation and price inflation proceed at a rapid pace. Such rapidly increasing prices cause widespread unwillingness of the local population to hold ...
2021–2023 inflation surge. Following the COVID-19 pandemic in 2020, a worldwide surge in inflation began in mid-2021 and lasted until mid-2022. Many countries saw their highest inflation rates in decades. It has been attributed to various causes, including pandemic-related economic dislocation, supply chain disruptions, the fiscal and ...
Paul Johnson, director of the Institute for Fiscal Studies (IFS), had warned that the “implausibly low spending increases” in the Budget meant taxes would probably have to rise again if Ms ...
Nardelli was referring to the 9.1% annual increase in the U.S. Consumer Price Index (CPI) recorded in June 2022 — the highest 12-month jump in inflation since November 1981.
The Consumer Price Index (CPI) increased 2.4% over the prior year in September, a slight deceleration compared to August's 2.5% annual gain in prices. The yearly increase, which was the lowest ...
The Consumer Price Index was initiated during World War I, when rapid increases in prices, particularly in shipbuilding centers, made an index essential for calculating cost-of-living adjustments in wages. To provide appropriate weighting patterns for the index, it reflected the relative importance of goods and services purchased in 92 ...
The comments came after the news Wednesday morning that the US economy grew at a slightly less rapid pace than economists had expected in ... is likely to show the lowest rate of price increases ...