“Sound money” is a term that often gets thrown around in economics discussions, but what does it really mean? In this article, we explore the concept of sound money, its historical context, its basic ...

Few words spark more anxiety in public debate than "national debt" and "government deficit." National debt is the total amount of money the government owes, accumulated over years of running deficits.

Earlier this year, a survey from Credit Karma made quite the splash: Approximately 45% of Gen Z and millennials are obsessed with the idea of being rich, and more than 40% of these demographics ...

Money acts as store of value, unit of account, and medium of exchange, facilitating trade. Fiat currency relies on public trust and economic conditions, unlike commodity money. Key money properties ...

Do you constantly feel broke, even when your bank account is healthy? Do you obsess over minor purchases, even when you can afford them? If your perception of your own financial situation doesn't ...

The velocity of money measures how quickly money circulates in an economy. Calculated as GDP divided by money supply, it ...

M2 money supply declined by 4% to $20.8 trillion by March 2024, the largest drop since the Great Depression. Federal Reserve alters interest rates to manage money supply, stimulating or slowing the ...

Simon Fraser University provides funding as a member of The Conversation CA. Simon Fraser University provides funding as a member of The Conversation CA-FR. Few words spark more anxiety in public ...