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Introduction Alan Greenspan, the influential economist who led the United States Federal Reserve for nearly two decades and became one of the most powerful figures in global finance, has died at the age of...
Introduction Whenever prices rise, inflation increases, or an economy faces difficulties, one phrase inevitably appears: “The government is printing money.” For many people, the idea sounds almost magical. Governments need money. They print more....
In 1970, a brand new Ford Mustang cost $2,822. Today, a base model Mustang costs around $32,000. Same car. Eleven times the price. Not because Ford became eleven times more greedy or the materials...
The word “recession” appears in headlines with a particular kind of gravity. Politicians deny them. Economists argue about their definition. Central banks spend trillions trying to prevent them. Ordinary people fear them — often...
Every time inflation spikes, markets crash, or mortgage rates suddenly jump, the same institution gets mentioned in every headline: the Federal Reserve. Politicians blame it. Investors obsess over it. Economists argue about it. And...
