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Me and Thoughts

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Submitted By 1grad09
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With this graph it shows how the inflation drops the most around the first and last of the month in Iceland. The inflation then rises on average in the february and november months while dropping again in the summer months. Now Iceland did suffer a near bankruptcy around 2008 causing major differences in the inflation as you see in the graph. This was indicative of the fact Iceland was importing more goods and services than it was producing. It reflected the high levels of consumer borrowing. A current account deficit of this size puts downward pressure on the currency because it is difficult to attract sufficient capital flows to pay the current account deficit. There were stepper drops and raises in inflation more after that .
Most countries try to keep inflation somewhere around 2-3 percent per year. That is too low to cause any problems for the businesses and households. At the same time, it is comfortably away from negative inflation. Of course, this target is often missed. With the continuing trend that the graph is showing I don't see any difference in the number unless Iceland makes changes in the way they use their money.

With this graph it shows the unemployment of Georgia, new york, florida, and the entire united states. With this it is ironic how florida had the lowest unemployment rate to having the highest unemployment rate. Georgia and Florida alone had higher unemployment rates than the united states all together showing that those where some of the states hit the hardest by the unemployment area.
These rate started to get bad around the middle of 2008. According to the graph the rate is going down year by year but is still not down to where it was around 2005. With more jobs being created I believe that it should be back down around that rate in a couple more years. I also believe that it will not go down further than that rate because of

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