Q#1:
Choose one of the following options for your Post:
Option #1: Art & Writing
After reading Heineman’s interview with “Chris Melissinos,” Kirschenbaum’s chapter, “Word Processing as a Literary Subject,” and Pequeño Glazier’s chapter, “Jumping to Occlusions,” in the Required Learning Materials, please do the following:
Option #2: Digital Music
After reading Prior’s article “Beyond Napster” and Heap’s commentary “Blockchain Could Help Musicians Make Money Again,” please do the following:
Option #3: Digital Humanities
After reading Terras’ chapter, “Digitization and digital resources in the Humanities,” please do the following:
Q#2:
This week, the text readings include a discussion of inflation. While you are already familiar with the basics of inflation, do read the text with care, as it gives you useful fuller detail on the relationships between money supply, monetary policy, and inflation.
But at the moment, the world isn’t facing any meaningful inflationary pressure. But there are numerous signs of potential deflation. And that has several central banks nervous.
However, we rarely discuss deflation in economics courses. The last time it happened in the US was during the Great Depression. Japan dealt with deflation during the 1990s and off and on since then. China has come close, but central bank actions seem to have prevented it. And now the Euro Zone is facing possible deflation to which the European Central Bank has finally started to respond.
This week, explore the causes of deflation, why it is considered to have negative consequences for an economy, and how it can be prevented or stopped once started. Is there a linkage between inflation and deflation?
Do respond to all of these parts so as to provide a complete picture.
Following are some recent articles from The Economist, which should be helpful. You will, of course, want to do additional research.
The Dangers of Deflation
The Euro Zone Slides Towards Deflation
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