Inflation
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Bank Runs. What is next?
The banks facing difficulties in the USA and Switzerland include Silicon Valley Bank, Signature Bank, First Republic Bank, and Credit Suisse. Silicon Valley Bank, essential to the tech industry’s financial ecosystem, has been taken over by the FDIC following a classic bank run. Signature Bank has also faced a similar situation, while First Republic Bank Continue reading
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Inflation, causes, the Fed interests rate policy, and potential economic effects
What is inflation? Inflation refers to the general increase in prices of goods and services over time, reducing the purchasing power of money. In other words, inflation is the rate at which the overall level of prices for goods and services rises, and consequently, the currency’s value decreases. Various factors, including an increase in the Continue reading
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