The Swiss investment bank expects the country’s oil sector to grow significantly in 2022.

The rebranded “digital bolívar” will wipe out six zeroes from the current “sovereign bolívar” and enter circulation on October 1.

During the year of the COVID, global consumer and producer prices dropped fell. In some manufacturing-based economies, there was even a fall in price levels (deflation) eg the Euro area, Japan and China).

Marx opposed both these mainstream theories. The quantity theory of money was opposed by Marx for two reasons: 1) money is endogenous, created by banks etc, not by state fiat; 2) overall, money represents value in commodity production and is not independent of it.