Know how the economy works? Find out by taking my weekly Konomy Quiz. I post sources for anybody who wants to learn more and encourage feedback and discussion. If you're mean, go somewhere else!
Home buyers are frustrated with high costs and some are simply locked out of the market. How bad is it? Take the quiz to find out. Nine questions. Go!
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I used National Association of Realtors data for affordability.
Harvard's Joint Center for Housing Studies also has a trove of data.
As always, the St. Louis Fed's FRED database is invaluable.
The June 2025 war between Israel and Iran raised fears of oil disruptions and soaring prices. How vulnerable is the United States? Take the quiz and see how much you know about US oil production. Eleven questions. Go!
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The US Energy Information Administration publishes gobs of data for geeks to plow through. DOGE leave them alone! Here’s US oil production going all the way back to 1859. Her are the top oil producing countries. This is when the United States became the top oil producer. Here’s net imports. Here’s total reserves.
The fracking boom made the United States a lot less dependent on foreign oil. I explained why oil isn’t the economic weapon it used to be in this Yahoo Finance story.
And if you’re wondering about green energy, yes it’s here and more is coming. But the transition will take decades.
Inflation has been on everybody's mind lately. How much do you know about inflation? Take the quiz and find out. Eleven questions. Go!
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Here's some handy info on the history of inflation.
Deflation might sound like a good thing, but people put off purchases if they think future prices will be lower, and that's a problem.
Ford's Whip Inflation Now campaign was pretty lame.
Anybody can check out the inflation rates in hundreds of categories here >>> All Urban Consumers >>> One Screen.
What caused the 2022 inflation spike? Here's Ben Bernanke's take. Inflation might be gone for good in 2025--if not for Trump's tariffs.
