Economy
Why the Early-1980s Disinflation Hurt Borrowers Before Prices Stabilized
The early-1980s fight against US inflation is remembered for eventual price stability. Its short-run costs were uneven. Households…
Category: Personal Finance
Economy
Federal Deposit Insurance in 1934: What the Original $2,500 Limit Signaled
Federal deposit insurance began in January 1934 with an initial limit of $2,500 per depositor. That figure now…