The Federal Reserve was established in 1913 to function as of the central bank of the United States and the key arbiter of its monetary policy systems. The Fed’s vital role is to regulate the supply of money and credit in an effort to maintain price stability and promote sustainable economic growth throughout the country. … Continue reading Global Economics: The Expansive Effects of a Strong U.S. Dollar
Consumer Economics: What is the Market Absorption Rate? In school, some students avoid economics because they might feel as though the lessons have little-or-no application in the real world. Unfortunately, this is usually not actually the case. Economics concepts play many roles in our daily lives – and if we can understand how these concepts … Continue reading Consumer Economics: What is the Market Absorption Rate?
Great article on how America has single handedly caused the spike of world oil prices in the past and indirectly Yankees line the pockets of Middle East dictators, and how Wars DO NOT stimulate the economy. You mean to tell me a billion dollars a day is better spent in IRAQ then in America on … Continue reading Fallacy: Wars Do Not Stimulte the Economy