July Fourth saw big crowds, congested highways and full airplanes as tens of millions of Americans celebrated not only the country’s independence but their own liberation from the pandemic. There were ...
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What is deflation and how could it hit your household?
Prices falling across the economy can sound like a welcome break for strained budgets, but a sustained drop in what you pay for goods and services can quietly undermine your job security, your savings ...
Although they may sound the same, deflation should not be confused with disinflation. Deflation occurs when the inflation rate falls below zero, and prices generally decline throughout an economy.
Explore how debt deflation increases real debt burdens during economic downturns and its potential spiral effects on the economy and borrowers.
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