The RiffTrax Blog header image 1

Important Economic News

May 22nd, 2008 by · 16 Comments

Every now and then, we all need to take a moment to stop the laughs and scan the events of the world around us. Today, let us take a look at the world of international finance, notably the economic struggles of Vietnam. From the blog ACCUMULATING PERIPHERALS:

On the other hand, Vietnam’s inflation problem isn’t driven solely by rising commodity prices, but also by a vast influx of investment currency over the past 2 years which has created tremendous upward pressure on the dong. As the government tries to hold down the dong to safeguard exports from getting more expensive, it has to basically increase the supply of dong, which creates inflation.

Now back to your usual silliness.

Thanks for the link, Derek

Tags: currency · RiffTrax · silly