Posts

What Inflation is like today

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   What Inflation is Like Today  ----------------------------------------------------------------------------------------------------------------------------- Inflation Today vs. in the Past:        Currently, inflation is one of the biggest problems America is facing. By the end of 2021, the inflation rate had risen to seven percent. This is considered a very bad sign for America, considering the fact that most countries' rates rest between 1.5% and 4% . Inflation hasn't even reached five percent in the United States since 1990 and it hasn't reached the rate it is at today since the early 1980s. A ccording to Statista Research Department ,  the rate of inflation was at an all-time high of 13.29% in the 80s.  Although there have been progressive setbacks in the early 2000s, inflation has gone up tremendously in just these past two years and it continues to rise as we're finishing up 2022 going into 2023. We all have been able to notice the ra...

How Can We Fix Current Inflation Levels?

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How Can We Fix Current Inflation Levels? ----------------------------------------------------------------------------------- Monetary Policy Visual: Monetary Policy:          Monetary Policy is a go- to strategy that reduces the effects of inflation. Over the century, inflation has dramatically evolved in respect to the evolution of Monetary Policies. In essence, the U.S. uses their "central banks" to "control the overall money supply" of the nation, and this is usually brought about through rises in "interest rates" that the government enforces (Investopedia Team).  Due to the Ukraine issue recently, Federal Reserve Jay Powell has been compensating whether or not to raise interest rates, this way people are less likely to take out loans and borrow money that the government simply does not have. This is efficient for today's inflation problems, because the average interest rates lie between 1.5%-1.75%, which is pretty high considering the fact tha...

The History of Inflation in the U.S.

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The History of Inflation in the U.S.

Introductory Post!

Hey guys!   My name is Roman Star and this is my first Eng 101 blog post! We're going to have a lot of fun, but first, allow me to introduce myself to you  all: ------------------------------------------------------------------------------------------------------------------ About Me:      Like before, my name is Roman Star and I'm from Phoenix, Arizona. I grew up in Phoenix and went to elementary AND high school at Sunnyslope. I have four sisters who are all younger than me so it's fun being able to mess around with them. I do support them a lot and I try and be the best role model that I can be. For my first few years in Arizona, however, I did grow up with my grandfather on the military base. My Hobbies:     Some hobbies I really enjoy doing include sports like football, basketball, and even track. I do love working out, not bulking my body but staying shredded makes me feel good and healthy. I also like to draw, I have been drawing since I was in 5...