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!
If you wanna know more 👇
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.
Inflation has been on everybody's mind lately. How much do you know about inflation? Take the quiz and find out. Eleven questions. Go!
If you wanna know more 👇
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.
President Donald Trump is imposing tariffs on billions of dollars of imports. How much do you know about tariffs? Nine questions. Go!
If you wanna know more 👇
The basics about tariffs.
Some more history.
Why Trump admires tariff man William McKinley, by my Yahoo Finance buddy Ben Werschkul.
A famous movie clip about the Smoot-Hawley tariffs. 🤣
How washing machine tariffs drove up prices (by me).
The Yale Budget Lab’s estimate of likely price hikes on leather goods, clothing, textiles, cars, and many other products caused by the Trump tariffs (toward the bottom).
The Tax Foundation expects the Trump tariffs to kill 685,000 jobs.
