By Stephen Zogopoulos, USNN World News Inflation has surged in recent years, impacting every aspect of American life from grocery bills to gas prices. This “involuntary tax” has drained the pockets of many, yet the expected public outrage seems surprisingly muted. Experts and everyday citizens alike are puzzled by the relative calm in the face […]
Tag: Economic Depression
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.