Practical Applications of the Law of Supply and Demand
The law of supply and demand is a fundamental principle in economics that governs the behavior of markets. It states that the price of a good or service will adjust…
The Impact of Inflation on the Economy and Strategies for Control
Inflation, the persistent rise in the general price level of goods and services over time, is a critical economic phenomenon that can have far-reaching consequences for individuals, businesses, and governments.…
Why Wages Aren’t Keeping Up with Inflation
In recent years, a growing concern has emerged regarding the apparent disconnect between wages and inflation, leaving many individuals struggling to maintain their standard of living. Despite economic growth and…
Baby Boomers Immune to Higher Interest Rates
Baby Boomers are immune from higher interest rates because they don’t need or want to borrow money to purchase a home or motor vehicle. A growing proportion of homes sold…
Australian House Prices Out-of-Reach for Millennials
Australian house prices are out-of-reach for millennials, and low and middle-income earners, especially in Sydney and Melbourne. A recent poll found that young people and middle-income earners in Australia have…
Rental Price Caps – Do They Work?
Rental price caps are a hotly debated topic among economists as a short-term solution to the rental housing crisis that is affecting many countries. Some economists are warning that rental…
Central Bank Functions
Central Bank Functions (Reserve Bank or Federal Reserve) as a governmental organization that manages a country’s banking system, monetary policy, and currency supply. The central bank implements government policy to…
The Economic & Investment Cycle
The Economic and Investment Cycle is very critical to understand and work with when developing a financial strategy and budget. The Economic and Investment Cycle is very critical to understand…
What is Fiat Currency Money?
Fiat currency money is a medium for the exchange of goods and services. However, most people have little understanding of what fiat currency is and how currencies are controlled. Money…
Low Interest Rates Are Bad Economic Policy
Low interest rates are bad economic policy by Central Banks trying to stimulate economies with low growth. Why? Lowering interest rates does not fix the real underlying problems in an…
Why Home Loan Interest Rates Are Low
Why home loan interest rates are low are because Central Banks around the world have conducted an economic experiment. They have lowered interest rates to unprecedented low levels not seen…