I would like to point out two articles of interest... though seemingly unrelated.
Note this one first.. where-in we learn of inflation in Belize. Here's the money quote from the Statistical Bureau of Belize:
"It concludes that the rate of inflation in 6 other Caribbean countries is expected to vary from 7% and 14%."
Now... lets be honest... such a figure doesn't seem particularly interesting at all does it? I mean.. these backwater countries are all the time devaluing their currencies to try to mask their insane expenditures.
Oh wait... I said two articles didn't I? Sorry... here's the other... Note that bit where it says the currency of Belize is pegged to the US dollar.
Let that sink in for a minute.
Got it yet?
The Belize dollar is pegged to the US dollar. That means it cannot be inflated by Belize. It can only be inflated by...