Why Raising The Minimum Wage Does Not Cause Inflation?

Raising the minimum wage, in theory, forces business owners to raise the pricing of their goods or services, causing inflation. Does increasing the minimum wage have an impact on inflation? As inflation reaches historic highs, lawmakers and analysts are debating the causes, which include pandemic-related shocks as well as government-imposed limitations and swings in consumer

Why Raising The Minimum Wage Does Not Cause Inflation? Read More »

How Many Banks Failed During The Great Recession?

Between January 1, 2005, and December 31, 2013, the FDIC documented 492 bank failures. How many banks failed during the 2008 financial crisis? During the crisis years of 2008 to 2013, 489 FDIC-insured banks failed. High concentrations of ADC lending, rapid asset expansion, increased reliance on funding sources other than steady core deposits, and relatively

How Many Banks Failed During The Great Recession? Read More »