Earthbag homes are exactly what they sound like -- bags filled with earthen materials stacked to make a house. They often look like big beehives when they're completed, but it's possible for them to take other forms as well.
The new name for this is âquantitative tightening,â or QT.â Rickardsâ, a long standing expert in central bank policy, believes that quantitative tightening will be a major factor in monetary policy over the weeks and months going forward.
Inflation generally means overall increase in the price of goods and services ( Tradable commodities) in long term. It is caused by various macro economic factors. Rate of inflation is a metric to indicate how much price level is varied (increased) compared to previous financial year. For instance, a commodity A sold at 100 bucks on April 2013 and at 120 bucks at March 2014. That means inflation in that year was 20 %.