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 ...

Explore how deflation impacts national debt, from rising real debt values to reduced spending and increased interest rates ...

Inflation happens when prices rise and purchasing power falls, while deflation occurs when prices drop and purchasing power increases. Both can strain an economy if they move too far in either ...

Explore how deflation affects investment values, the shift toward cash preservation, and strategies that investors can use to ...

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 ...

Zach D. Berg ’28 is a History and Government concentrator in Adams House. Daniel Zhao ’28 is a Math and Computer Science concentrator in Adams House. Many economists agree that the only thing worse ...

For a century, economists have taught us to fear falling prices. But the deflation phobia stems from a misreading of the ...