The Blockchain Technology, Cryptocurrency And The Global Economy

Markets for cryptocurrency are known for its volatility, wherein it could pose a good deal of opportunities. Many of the top cryptocurrency bots to use are available in the market and are structured to for these opportunities to be better leveraged than a person can alone. Furthermore, such crypto bots are created to make trading with digital currency simpler and less mind-numbing.

Banks and Governments Worried About Cryptocurrency

Since the advent of cryptocurrency in 2009, regulators were slow to react and give their criticisms regarding its use, trade and exchange. But when Facebook’s recent announcement of its new venture to release its own digital currency known as Libra, disapprovals and criticisms by regulators and lawmakers were quick and plentiful.

Finance ministers, central banks and global privacy regulators have expressed concerns with the intended release of the cryptocurrency Libra for many various reasons. One is the conjecture that it could radically change or threaten their jobs as well. Thus, crypto supporters, investors and regulators state that Libra has intensified the risks for financial authorities which compelled them to seriously delve into digital currencies.

Disrupting The Global Economy

The advent of the technology on blockchain and Bitcoin, which is the most popular and successful application so far, have the capability to aid as well as disturb the worldwide economy. Although there is still no solid evidence, the manner by which financial institutions and governments are quickly taking action to regulate the cryptocurrency market is a strong sign that these centralized and conventionally powerful entities are disconcerted and troubled.

Reserve banks control money, with the Treasury of the US functioning as a global central bank although nobody, specifically economists, will formally declare it. This is possibly the purpose as to why the US dollar functions as the reserve currency of the world. The epicenter of the worldwide financial crisis in 2008 was in the US, and its reverberations was experienced in far nations.

Although central banks are creating a tactic to curtail the adoption of cryptocurrencies as the alternate of fiat, many wonder how digital currency could aid the global economy.

For almost a decade, governments as well as central banks kept an eye on the market of cryptocurrency as it exponentially grew. Critics jumped into the bandwagon. The existing financial condition was shifting. Startups with merely an idea and not even a slightest product that is viable were generating millions in just seconds.

Many individuals see digital currencies as a danger to fiat currencies.  This, however, is far from becoming true. Cryptocurrency as well as the technology on blockchain have a protracted way to go before they could entirely overtake the prevailing financial system. Cryptocurrency and the blockchain technology needs more study before it could attain its maximum potential. But, we couldn’t disregard how it has affected the financial world. Digital currency could aid the global economy, and the truth that Wall Street is bothered by it is an indication digital currencies are to stay.


Economical Aspects Affecting the Rates of Mortgage

In case you decide to purchase a home with the help of any financing company, always remember that the cost of a home for a long-term basis is relatively affected by the rates of the mortgage interest. Meanwhile, borrowers are always on the side of having the lowest rates available. On the other hand, lenders must have to handle the risk of the charges they impose via the interest rates. Sadly, only those with the most firm financial status and good credit histories can able to acquire the lowest interest rates of mortgage.

Generally, aside from the financial status of borrowers, variety of factors from the government financial regulation and economic field also have great impact to the rate of mortgage interest. These economic aspects exhibit the fundamental policies of supply and demand. These terms are somehow technical in nature, but as a mortgage borrower, one must have a basic idea regarding its principles.

Economic Aspects Influencing Mortgage Rates

There are various elements from the economic field that can affect the mortgage interest rates. However, nailing them down to these essential aspects is a good way to learn about the rate that you must be paying.


The effect of inflation deteriorates the buying ability of dollars. It is recommendable to mortgage lenders to keep the interest rates at the sufficient level surmount the deteriorating ability of inflation. This element guarantees that the return of interest expresses a real net profit.


Another factors and measures for economic growth that affect the rates of mortgage are the GDP or Gross Domestic Product and the employment rate. These two are essential determinants of the economic growth. In case the economic growth is increased, it normally creates an increase in income and increase in the levels of spending consumers. These include consumers who are looking to acquire home purchases via mortgage loans.

This loan can be achieved through the use of equity release mortgage calculator. The reciprocal effect originates from the poor economy. Moreover, low demand for home loans are results of the downswing of employment and wages. Thus, these elements draw down stress on the interest rates often charge by mortgage lenders.


Markets like the banks and investment firms are products of investments in which a high rate may generally draw in buyers. The complete status of the greater bond industry diffusely have an impact on the amount that mortgage lenders may charge.

Government and corporate bonds tender fixed-income investments that are in continual encounter.

Measures for Economic Growth

Economic growth is defined as the increase of market value in services and goods that’s produced by the economy over time. For a more thorough definition…

Economic Growth:

It’s the outward direction in the PPC or Production Possibility Curve. Economic growth is being measured by the Gross National Product or GNP and Gross Domestic Product or GDP and how much they have increased. The country’s GDP is the overall value of all services and goods produced within the country for a certain period of time. Having said that, getting a GDP increase is equivalent to the increase in production of the said country.

Growth is not a one-man thing. Events in the region and country bring a massive impact on the growth of nation as a whole. Let me give you an example:

If there is a ban on outsourcing workforce in the US, then this may hamper the GDP of another country that is sending manpower to the state.

Most of the developed economies have experienced slower growth in their economy than developing countries. More often than not, Economic Development and Economic Growth are used interchangeably; wherein reality, these two are different. Development is alleviating people from the low or poor standard of living to proper employment. Economic Growth on the other hand doesn’t take into consideration the usage of natural resources. Development though is focused on sustainability. In other words, it meets the present needs without compromising or damaging future needs.

Economic growth is actually among the vital indicators that an economy is booming. As the GDP of a country increases, it’s more productive leading to more employment among its citizens. Along with the employment includes more businesses like the These businesses, when combined together boost the country’s wealth and population.

It’s a Two-Way Road

Through economic growth, it is helping with the improvement of living standards of people by means of reducing poverty. However, these improvements can’t take place without impacting the economic development on the process. Economic growth on its own would not be capable enough in eliminating poverty.

And this is the exact reason why other factors come into play such as labor and population. With a growing population in a country, this is an indication that there’s increase in number of available manpower. With that, it translates to higher workforce. It’s all in the country’s leaders on how to distribute their people to meet the demands and have continuous growth.

Knowing Your Economy

Most of the time, people working on an industry deeply get involved in their field of work, how it works, and how they should work as well. But, oftentimes these individuals forget that the industry they are working in is greatly influenced by their area’s economy. An economy, its state, how it functions, and its reliability to other economies is how any other industry gets their job done, their companies working and how influenced is then traced back to importance. With these things, people should be very observant and knowledgeable since this is where everything starts, and this is where you will know how to move smartly for your own good.

Contributing To Your Economic Growth

One important thing to consider is your economic growth and how it functions. An economy is a clear collaboration of every worker and their produce. From your the small scale workers, private firms up to the big corporations and companies that are known to your area, everything adds up to the big growth your whole economy will and can experience, and nothing is to be downsized or underestimated in contribution and importance even merchant cash advances. When every aspect of an economy is working well and being able to produce what is expected and more of them, there is where growth is achieved and can spread all throughout the economy. Being efficient and capable is what every sector needs to be to properly achieve and maintain economic growth and standing.

With consistency comes the possibility of achieving a certain standard of living for everyone living in that economy. To make this more possible, everyone contributing and working inside the economy should be adamant in advancing their products, their services, and their technicalities to adapt well and make it a point to be in level with competing economies and marketplaces.

Student Loan Debts – It’s Effects On The Nation’s Economy

Although loans, such as those offered by American Pride Legal Funding, could be very useful and beneficial to many individuals, there are loans that could have adverse effects not only on the borrower and their household, but also on the economy of the country. This is specifically on student loan debt.

The American families carry approximately 1.6 trillion US dollars in student loan debt, a very weighty load that add up to about 8% of the income of the nation. From the time of the mid-2000s, that portion has crudely doubled over.

Sen. Bernie Sanders as well as several of his colleagues in the House revealed a proposal that aims to cancel or annul student debt. The proposal intends to cancel the student debt of 45 million Americans as well as to make tuition in public higher education free. Sen. Sanders, a 2020 presidential candidate, said that to pay for the plan or proposal, tax would be placed on Wall Street, increasing an approximated 2 trillion US dollars over 10 years. However, the big question is, what debts on student loans doing to the economy of the country?

Student Loan Debts and It’s Effects on the Economy

Many years of study reveal that such debt after college forces or drives young individuals to put on hold the idea of marriage as well as home ownership. Moreover, it represses entrepreneurship and their paths towards their career. Here are a few major results to such research regarding student loan debt:

It Puts Off Marriage and Creation of a New Family

In 2014, a study located a connection between a woman’s timetable of repayment of student loan and matrimonial timing. Researchers discovered that a rise of 1,000 US dollar in student loan debt sank the probabilities of marriage by 2% each month amongst female receivers of a bachelor’s degree in the first four years following their graduation. Furthermore, study has revealed that marriage presents innumerable economic advantages. For instance, married individuals, for the most part the men, are likely to earn more, and children reared by both parents are inclined to be well off as adults.

It Impedes the Progress of Small Scale Businesses

In 2015, economists at the Federal Reserve Bank of Philadelphia conducted a study and discovered that there is a substantial and economically meaningful adverse connection between increasing debt in student loan and dipping formation of small business. If an individual is settling a student loan, they’re less capable of amassing funds required to establish a business. In the research, the authors noted that about 60% of the net employment in the United States is credited to small scale businesses.

Withstanding Financial Crises Becomes Difficult

A 2013 report on Federal Reserve showed that student loan debt endangers the households’ short-term financial health. Most evidently, it discovered that households with debts on student loan had a lesser median net value which is $42,800 compared to households without student debt with a median net value of $117,700. More disquieting was that during the Great Recession, a larger portion was taken out of the net worth households that had student loan debts. In 2007 to 2009, households that had debts on student loan observed a loss of their total net worth by 12.4%, whereas households without such debt fell by 9.3%.

As per report by the Levy Economics Institute of Bard College that was released in 2018, removing or lessening the encumbrance of student debt will improve and intensify consumer spending, augment home ownership, and multiply the creation of jobs which therefore lessen unemployment. All of these work toward the growth of the nation’s economy.

The Economy and Debt of Consumers

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Credits and loans are everywhere we go. This is because they are powerful it we are a responsible consumer. Otherwise it will eat you up and will forever be in debt. Since a lot of people are applying for different types of loans such as house loan, car loans etc, different companies and banks offer benefits. If you are planning to invest on something such as stocks or a car, you should visit In consumer loans in forbrukslå you can compare consumer loans without collateral. A consumer loan, also known as private loan, has no security requirements. Meaning, the bank does not require a mortgage on a home or car to grant it. Hence, you are free to dispose the many in any way you want because the loan is not limited into one use area. If you have several smaller loans, you can reduce the monthly expenses in order to avoid larger interest rate. But if you already decided to get a loan you must always remember to budget properly.

Consumer debt is the debt held by individuals, not by governments. Consumer debt come in the form of credit card debt, home mortgages, student loans, auto loans and other loans. Another term of consumer debt is household debt. According to the statistics from the Federal Reserve, the total household debt of the United States in 2007 was $13.3 trillion and the household debt of the average American in 2007 is equal to 14.29 percent of his total income.

But did you know that Americans are not the only ones up to their neck in consumer debt. In the data from England Statistics, British citizens owe an average of $6,500 in unsecured debt  which makes it twice the European average of $3,200. 

On the other hand, studies show that approximately 70% of the Unites States and British GDP is fueled by consumer spending, according to Money Zine. Unfortunately, consumers’ debt started to bring negative impacts to the economy when it forces the citizens to spend less.

One thing that may complicate this matter is the United States entering a house crisis which will make consumer debt problems worse. The UK already experienced the same situation. The UK housing boom  happened 18 months ahead of similar economic developments in the States. Since the end of 2005, British credit card delinquencies have risen 50 percent, causing banks to lose billions of dollars.

It is indeed important to fully understand the relationship between consumer debt and the government and how one affect the other.


SMEs Creating a Win-Win Scenario for Investors and the Economy

In most cases, small businesses are truly rewarding. It can produce you with lifetime financial support and at the same time, living a step above from average. These are all achievable considering that the business is nurtured.

Taking Zebra loans from New Zealand and investing it in stocks is just the surface of purchasing a small percentage of the business that’s operated and managed by someone else. For anyone who has the skill, good risk profile and temperament, having a small business could turn out to be a lucrative investment. In most cases, there are three in which you could experience and enjoy gains in net worth from private companies.

Being able to indulge yourself to these sources is crucial. The reason, new investors are too fast to jump with their head first to potential opportunities even though the path ahead of them is blurry.

You are Paid Based on Your Efforts

For anyone who is thinking of investing in small business, the company never creates more than what is enough for them and to their family. Though it’s deemed to be success already, small businesses aren’t just an investment at this point. Rather, the founders have created jobs for themselves wherein they also bear the associated advantages and disadvantages of self-employment.

The payroll distribution could potentially limit overall capital of the company that may be used for expansion. This is the reason why small businesses can’t move fast from one point to the other.

Profit Distribution

By the time when small business achieved the pinnacle of its performance, there’s a profit that remains for owners. This profit is on top of the wages and salaries generated by the business. The owners can decide whether to take that money or reinvest it for expansion.

Whether investors of small business have decided to reinvest the dividends, it can create humongous effect on their net worth. No answer is right or wrong here. If you have the desire to live a better life and ready to give up portion of your wealth for the future, then reinvesting can be a tactical business move.

Capitalizing Your Earnings from Selling the Firm

As soon as the company has gone beyond the small business stage, they can start attracting outside investors. These investors may be offering to buy the company. However, there are exceptions in this matter. The main source of value for business operation that is generating returns on capital should be the earning power and not on the assets on balanced sheet.

Getting a Business Tradelines: Tips and Warnings

Office, Meeting, Business Partners, Cooperation

Definition of Trade line 

A trade line is defined as the account that is listed on a credit report. One account equates to one trade line. But trade line information is provided only by a lender or financial institution to credit-reporting bureaus such as Moreover, these tradelines are sold at wholesale. Basically, trade lines are used to determine consumers’ credit scores and history whether such as user has a positive or negative trade line. This information will then be used to evaluate whether an individual is capable of getting a car loan or a mortgage.

Deeper Definition of Trade line 

As mentioned earlier, a trade line is a record of the behavior of a consumer credit. If you are wondering what details are included in the trade line, it includes the creditor’s account name, a scrambled or truncated account number and the customer’s payment status. You can find in the trade line whether the consumer is paying on time, late or never paid at all. Moreover the debt of the consumer will also reflect on it.

The major purpose of a trade line is to show the payment status, the most important bits of information in a trade line. It provides  the consumer’s loan repayment habits, something that lenders examine carefully when considering a loan application. Negative items such as charge-offs and other collection are also shown in trade lines.

The different types of accounts in trade line are as follows:

  • Installment accounts, such as a car loan or other fixed-payment loan.
  • Mortgage accounts. purchase of real estate property
  • Revolving accounts, such as credit cards or retail cards.
  • Open accounts, on which the buyer pays in full upon the receipt of goods.

Getting Started 

Trade lines are strictly available to legitimate businesses only, so if you are planning to start this kind of business, you must be able to prove that your business is not just something you decided to venture in to in just a very short period of time. You can start by making sure your business plan presents a well-documented road map for operating and growing your business. Register your business with the state and with the Internal Revenue Service and obtain a tax identification

You can request trade line from legitimate vendors and carefully review them before filling out and submitting. It is important to look at the terms of the tradeline, such as the interest rate and if the payments are due in 30 or 60 days from the receipt of an invoice.

Predicting the Rise and Fall of Stocks

You’ll hear from countless of marketing specialists and experts that the stock market is so volatile. There’s a straightforward reasoning for this. That’s the fact that stock prices are constantly changing and it’s directly impacted by market forces. Having said that, the prices of shares are changing due to supply and demand.

How it Exactly Works?

In this regard, if more people are buying stocks or in this case demand than selling it or supply, then it will make the price to go up. Conversely speaking, if there are more people who are selling stocks than buying it, then it creates more supply than demand – forcing the price to fall.

You’ll be surprised how easy it is to understand supply and demand concept. What’s hard to grasp is what making people to like a stock and dislike the other.

As for that one, this has something to say on the reputation and image of the company in the general public. It could be that one might have a strong presence while the other has a dwindling performance causing people to lose their trust on it. There are plenty of probable answers to this issue and just like any other investors, you have to devise your own strategies and ideas.

Stock’s Movements is Dictated by the Commercial Company’s Performance

The principal theory is, the movement of a stock price is indicating how investors feel and think of a company’s worth. On the other hand, it is never right to equate the value of the company by basing it on the stock price. The true value of a certain firm lies on its market capitalization. In other words, this is the stock price times the number of outstanding shares.

Most significant factor that is affecting the value of the company is the amount it is earning. Basically, this is the profit that they make. Without it, a company will no longer survive. It totally makes sense if you’ll thoroughly think about it.

When a company fails to meet its quota, then they will be out of business.

Public companies ought to report their earnings every quarter or 4x in a year. If the results expected from the company are far better than what is initially expected, then the price will rise otherwise, then the price will fall.

That is just how things work.

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It is totally understandable if you can’t understand how stocks work by now. If you want an easy way out, you may check what Need Money Now has to offer.

Economic and Political Relations in the Concept of Political Economy

It is interesting to know that the two main disciplines of classical science, both developing dynamically are interrelated with one another, namely, Political Science and Economics. Both of these disciplines, when evaluated closely results in a number of values that can make an impact. While both are interdependent, they still integrate in terms of analytics and theory.

Many organizations such as banks and investment companies are politically and economically dependent on their ventures. Therefore, gauging on the way these financial companies (and other businesses) work, there is indeed a relationship between both disciplines. Check out Netherland’s, a corporate credit offered to the people. Whether this organization is both politically or economically inclined, one thing is for sure. Their goal is to serve the businesses in the Netherlands by providing a good comparison of financial institutions that can better meet the people’s needs.

Political concepts that impact economic thought

A lot of economic problems can be seen in the eyes of political beliefs. For instance, some people are more intuitive about government intervention. Thus, they are more inclined to adopt economic policies aimed at reducing government intervention in the economy. Such is in the case of supply which focuses more on deregulation, privatization, and tax reductions.

However, economists tend to favor promoting equality in society and are more willing to participate in encouraging government intervention to achieve this goal.

Economists Affected By Political Views

If you place various economic analysts to review the desirability of taxation reductions for the wealthy, their plan recommendations will probably reveal their political tastes. You could get some proof to back up the advantages of tax reductions, you could get a number of facts to back up the advantages of greater taxes too.

A few economic analysts could be scrupulously fairly neutral and not possess any politics (however this could be rare). They could make a paper that possibly challenges their particular perspectives. Regardless of their choices, they could find there is not any claim for rail privatization, or may just find tax reductions increase economic well being.

On the other hand, for someone in politics, they could use those economic experts and their research to back their political perspective. Ronald Reagan and Mrs. Thatcher were excellent champs of supply-side economic analysts. When Reagan was trying to cut down the frontiers of each state- there was clearly no scarcity of economic analysts who had been capable of providing theoretical validation for the political test.

There have been many economists indicating this wasn’t recommended, but economic analysts could be promoted by their own political sponsorships.

Who Are The Business Leaders Serving Under Trump’s Administration?

In 2017, The Entrepreneur website featured the business leaders who are going to serve in the administration of President Donald Trump. Trump is the very first person who had been chosen by people to sit in the office with no previous military or government experience on his curriculum vitae. Just before his political campaign, Trump frequented the field of media, being the host of “The Apprentice”. In business, he stands as the CEO of his organization – The Trump Organization.

Trump’s Economic Agenda

With the formation of Trump’s cabinet, it is clear that those with extensive experience in the corporate world has significant input and counsel in the government. Let’s take a few of those who were chosen at that time (2017) after the election was finalized.

Jared Kushner, Senior Advisor to the President

Kushner married Ivanka Trump. He manages the Kushner Real Estate Company. He has become the publisher of The New York Observer. Lately, it was announced that he will resign and sell his ownership in the newspaper to an unnamed family trust. One question is whether Kushner’s function in the new government goes against the anti-nepotism law which had been adopted in the ’60s.

Linda McMahon, Small Business Administration (SBA) Administrator

McMahon is the previous CEO of WWE (World Wrestling Entertainment) and had been a Republican senator candidate for Connecticut in the years 2010 and 2012.

Robert Lighthizer, CIA Director

Pompeo is a Republican member of the fourth district of Kansas and has held this position since 2011. Just before his political position, he managed a business identified as Thayer Aerospace. It had been sold in the year 2006.

Rex Tillerson, Secretary of State

Tillerson served Exxon Mobil, an oil and gas company since 1975. He became the CEO of the company in 2006. In 2013, Tillerson received the Russian Friendship Medal. According to the “Washington Post” report, the award was awarded to Tillerson after an agreement between Exxon and the Russian oil company Rosneft to drill fossil fuels in the Arctic.

Steven Mnuchin, Secretary of the Treasury

Mnuchin, co-founder and CEO of Dune Capital Management and co-founder of OneWest Bank Group (sold in 2015) had been elected Secretary of the Treasury. He also had been a partner at Goldman Sachs for 17 years. Mnuchin also produced a number of motion pictures, which includes American Sniper, Suicide Squad, and The Lego Movie.

Wilbur Ross, Secretary of Commerce

Ross has worked for the New York investment bank Rothschild for 25 years. He founded another investment company, WL Ross & Co in the year 2000. After 6 years, he has sold the company, however, continued to serve as chairman and chief strategy officer.

Todd Ricketts, Deputy secretary of commerce

Ricketts is a member of the board of directors for TD Ameritrade. He is also the co-owner of the Chicago Cubs.

Andrew Pudzer, Secretary of Labor

Puzder is CEO of CKE Holdings and has held this position since 2000. Among the company’s sponsored chain restaurants is Carl’s Jr. and Hardee’s. In the past few years, the company had been facing legal cases concerning unfairly paid employees.

The Impact Of Changes In Oil Price In U.S. Economy

At the start of the Industrial Revolution, the oil commodity has taken a significant part in the economy of the United States. The supply and demand, as well as the price of oil, have a huge impact in many areas such as economic growth and inflation. As oil prices make a direct impact on Global Oil Market (not just in the United States), many investors around the world are also looking into investments in Asia such as investments with WOT ASIA. The question, however, is how oil prices directly affect the world’s democratic leader.

With America’s growing population and energy intensified mechanized economy, the United States has quickly become among the largest users and producers of oil throughout the world. By 1970, 80.5 million cars and 17.6 million trucks were put operating in the United States. In the same year, the United States generated 9.6 million barrels of oil each day approximately 21% of the total worldwide.

However, in the 1930’s the Middle East showed sizeable quantities of oil that the Organization of Petroleum Exporting Countries (OPEC) rapidly replaced the United States as the world ‘s leading oil producer. In 1970, OPEC members produced 23.3 million barrels a day, accounting for 51% of the world’s total.

The Impact Of Exporting Oil From The Middle East To The U.S. Economy

In 1970, world oil production reached a level and there was pressure on the price of oil in the United States with the increasing consumption and demand for oil. In 1973, things were getting worse, supply shortages, rising prices, gas station long lines and gasoline rations.

In October of that year, in order to protest the U.S. support for Israel’s Yom Kippur War, the Organization of Petroleum Exporting Countries imposed an embargo on sales of oil to the United States. The embargo persisted only a few months but the oil prices throughout the world subsequently quadrupled. This contributed to the stagnation of economic growth and rising inflation in the economy of the U.S.

The 1973-1974 oil crisis exposed for the first time the U.S. susceptibility to changes in oil supply and demand, and foreign politics as well as economic causes influencing the price of oil. A number of problems since that time, like the Iranian revolution, the Persian Gulf, and Iraq Wars likewise triggered surges in oil rates and have persisted to show that weakness.

As the years went on and the United States produced 13% of the world output in oil, the growing use of oil in large markets have likewise emerged thus also making an impact to the U.S. economy. Thankfully for consumers, the oil price has not grown steadily upwards. Fuel conservation, efficiency actions, new oil discoveries overseas, as well as the shale oil wave, have led to strengthening supply and have offset the effect of growing oil usage.

Changes in Oil Price – Channels Affected

The transfer of oil prices to the US economic sectors can be direct and indirect. 30% of costs in the agricultural sector are associated with energy inputs which directly impacts the price of food.

Oil prices also affect the transportation expenses of the commercial and industrial sector and directly affect the prices of other goods and raw materials like metals. It further affects travel by increasing the fuel costs of the aerospace and land transportation sectors.

There is likewise a solid relationship between the price of oil and the price of other areas in the economic sector. Crude oil prices have pushed inflation-adjusted bond yields and key inflation signals. On the other hand, in the years after the 70’s oil crisis, oil-driven inflation has been weakened by more flexible supply and demand circumstances, and it seems to be more affected by the business cycle economy.