Word: economice
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While a little inflation is considered normal and healthy for growing economies, a prolonged deflationary period is a recipe for economic misery. Falling prices drag down corporate earnings, wages, consumer spending and investment by businesses, and can lead to a deflationary spiral like the one the world experienced during the...
Murphy says that a silver lining in the deflationary cloud is that it reduces prices for consumers on products such as household items. Ultimately, though, he says deflation is a symptom, not a cause, of fundamental economic ills. "You want to treat the underlying cause and that is declining economic...
Cajun cuisine is at the core of a culture defined primarily by its mixed identity. The term itself is a deformation of “Acadien,” originally used to define the French Canadian colonizers of the bayous of lower Louisiana, but which has now come to apply...
While the film’s subject matter is undoubtedly grave, Hancock—who directed “The Rookie,” another compelling underdog story, in 2002—seems to understand that there is inherent humor in the uncomfortable melding of seismically different socio-economic backgrounds...
The last time we got close to writing drastic regulation on credit or debit cards was in 1991, when 74 senators voted in favor of a 14 percent interest-rate cap on credit cards. George H. W. Bush had given a fundraising speech in New York where he talked about...