Tag: Federal Reserve

Written by Diane Benjamin - editor

Update: Inflation? Obviously

A reader just emailed this information: Nicor natural gas: Price per therm: May 2020 – .26 May 2021 – .53 By: Diane Benjamin If you heat your house with propane: For the 2019-2020 heating season the price per gallon was $1.399 For the 2020-2021 heating season the price per gallon was $1.259 Of course that […]

Written by Diane Benjamin - editor

25 Facts about the Federal Reserve

#1 The greatest period of economic growth in U.S. history was when there was no central bank. #2 The United States never had a persistent, ongoing problem with inflation until the Federal Reserve was created.  In the century before the Federal Reserve was created, the average annual rate of inflation was about half a percent.  In the century since […]