Why can't I get to write something?

Hello,

August hasn't been a good month for me to blog. I have been so caught up with everything that I barely have time to read and write blogs. (Taking that as an indication to manage time)

However, I am enjoying a lot here. Look at the Mercedes I found in Nepal.

September wont be like this, I will definitely put valuable information.

ciao

Leaving Seattle

Hello

I was so busy past week, I had been packing and getting ready to leave Seattle. I am now in Nepal for a month and I already miss Seattle sometimes.

During my 14 hours transit in Dubai airport, I was super bored. And Dubai airport does not have free WiFi. Can you believe, one of the richest country and does not have free WiFi for passengers on airport? Even Starbucks in Seattle have those.

We had to pay for the WiFi, and it was a nice idea to do business. Kind of monopoly? Well we can defend this by saying WiFi is not a need and we must be able to stay couple of hours without one, but how to pass 14 hrs without any entertainment and work??

Well that was my experience of travel, I will be posting new stuff about Nepal soon. Below is the picture of Bellevue bridge while I was leaving the ever green state.

Inflation or Deflation?

Hello,

The term inflation and deflation is used a lot in economics and both have equal importance in determining purchasing power of people.

Inflation is the increase in price level of goods and decrease in value of money. For example, a dollar last year could by 2 lemons while this year it can only buy 1. The value of dollar is decreased in terms of how many lemons can we buy.
The federal reserve bank of America targets the inflation rate of 2% each year.

Deflation is the decrease in price level and increase in value of money. For example, if you could buy 2 lemons with a dollar last year this year you can buy 3. Sounds good? Deflation comes with other cost like lack of employment, waste of natural resources and capital which at the end destroys economy more than inflation.  Deflation can bring more negative effect than positive if it stays for long time. Ireland, Hong Kong and Japan are the countries who have suffered seriously from deflation.

Thus, a small rate of inflation is better than deflation for a developing economy.