There have already been widespread ripple effects after the Federal Reserve raised interest rates by 0.75% in mid-June, but everything we’ve seen so far is just the beginning. The Fed and other economists are telling Americans to brace for rising interest rates … [Read More..]
Most global economies approached the potential economic turmoil that would have resulted from the pandemic in the same way: all-in spending! In America, that spending amounted to a completely overwhelming $13 trillion by mid-2021. That’s more money than the US spent in … [Read More..]
Can you imagine how challenging it would be to manage your personal finances if interest rates were averaging at around 16.63%? Believe it or not, these types of rates were a reality back in 1981. It’s only been a more recent … [Read More..]
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