Most people worry about rising prices, but what happens when prices drop? That’s called deflation. While lower prices might sound like a good thing, deflation can actually signal deeper economic problems. Let’s break down what deflation is, why it happens, and how it affects the economy. What Is Deflation? Deflation is the opposite of inflation.... Continue Reading →
Recessions 101: What They Are, Why They Happen, and How They Impact You
You’ve probably heard the word “recession” thrown around in the news, especially when the economy starts slowing down. But what exactly is a recession? Why do they happen? And more importantly, how do they affect your daily life? Let’s break it all down in simple terms. What Is a Recession? A recession is a significant... Continue Reading →
Inflation 101: What It Is, What Causes It, and How It Affects Your Money
Inflation is one of those words that gets thrown around a lot, especially when prices start rising and people feel like their money isn’t stretching as far as it used to. But what exactly is inflation? Why does it happen? And most importantly, how does it affect your finances? Let’s break it all down in... Continue Reading →
How the Smoot-Hawley Tariff Deepened the Great Depression: A Dickensian Warning
Ah, gather 'round, dear reader, and lend your ear to a tale of trade, turmoil, and the ghostly grip of economic folly past, a tale as richly woven and instructive as any penned by Master Dickens himself. Let us walk the foggy streets of early 20th-century America, where ambition and fear danced hand-in-hand, and the... Continue Reading →
The Great Depression Explained: What Really Happened and Why It Still Matters
The Great Depression remains one of the most devastating economic crises in modern history. From 1929 to 1939, financial markets collapsed, unemployment soared, and entire industries crumbled under the weight of economic despair. It was not just a stock market crash that triggered the crisis but a series of structural failures that revealed deep flaws... Continue Reading →
Can Tariffs Contribute to a Recession? Here’s How They Can Impact the Economy
Tariffs are often used as a tool to protect domestic industries or negotiate better trade deals, but their effects extend far beyond that. While tariffs alone don’t typically cause a recession, they can certainly contribute to one when combined with other economic factors. Let’s break it down and explore how tariffs play a role in... Continue Reading →
Tariffs 101: What They Are, Why They Exist, and How They Shape the Economy
Ever noticed how some imported goods are way more expensive than expected? Or why trade wars make headlines like the latest celebrity scandal? Meet tariffs, the silent force behind price hikes, economic shifts, and international disputes. Tariffs may sound like something only economists care about, but they affect everyone. Whether you're a college student buying... Continue Reading →
