Inflation is generally a gradual process, so most people don't put much thought into inflation, since it happens so slowly. But certain things can cause inflation to occur at a faster rate than it normally would and at times countries even experience hyperinflation like Zimbabwe did several years ago and Venezuela is now. But even when it is gradual, creeping inflation can have a major effect on just about everyone. Generally, when we think of inflation we think of rising food prices. But although you might never have really thought about it, inflation can have a huge impact on everything from food to cars to the job market i.e. both products and services. Here are a few ways that inflation … [Read more...]
58 Facts About The U.S. Economy From 2015 That Are Almost Too Crazy To Believe
There are a variety of ways to look at things and putting the pieces together is almost like looking through a kaleidoscope as we try to piece the facts together in order to get an accurate picture of the economy. Some of the pieces appear to indicate that the economy is getting better and some appear to indicate that the economy is getting worse. And just like the kaleidoscope the pieces change on a constant basis. At the moment the economy is clearly better than it was at the bottom of the crash in March of 2009 when the NYSE was near 4800. So the current levels of 10,000 looks good but... we have to remember that back in 2007 the NYSE was also at 10,000. So if we adjust 2007 … [Read more...]
