Commodity currency Canadian dollar, New Zealand dollar, Norwegian krone, South African rand, Brazilian real, Russian ruble and the Chilean peso. Due to the nature of commodity currencies being tied to commodities, being tied to any one good can be beneficial as well as problematic for the country. While naturally, falling or rising exports will lead to deflation or inflation respectively in any country the impacts are more severe in countries with commodity currencies at their currency is so heavily tied to a set few commodities. According to a 2009 study on commodity currency titled “Can Exchange Rates Forecast Commodity Prices?” by Yu-chin
Ayn Rand Institute Ayn Rand Institute The Ayn Rand Institute: The Center for the Advancement of Objectivism, commonly known as the Ayn Rand Institute (ARI), is a 501(c)(3) nonprofit think tank in Irvine, California that promotes Objectivism, the philosophy developed by Ayn Rand. Its stated goal is to "spearhead a cultural renaissance that will reverse the anti-reason, anti-individualism, anti-freedom, anti-capitalist trends in today's culture". The organization was established in 1985, three years after Rand's death, by Ed Snider and Leonard Peikoff, Rand's legal heir. ARI has several educational and outreach programs, which include providing intellectuals for public appearances, supporting Objectivist campus clubs, supplying