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Apr 23, 2010 · Another phenomenon that compounded the nation’s economic woes during the Great Depression was a wave of banking panics or “bank runs,” during which large numbers of anxious people withdrew...
Jul 2, 2022 · High energy costs have a cascading effect, feeding inflation, compelling central banks to raise interest rates, crimping economic growth and hampering efforts to combat ruinous climate change.
Mar 9, 2022 · Gas prices surge. Some blame Biden. Others blame Russia. What's the real reason? Find out inside.
- Mike Patton
May 26, 2023 · This essay provides historical comparisons to help elucidate how these factors may have increased the severity of recent runs relative to other severe runs that took place in 1984 and 2008—the most severe runs in US history since the Great Depression and until recently.
Jun 17, 2022 · The biggest driver of the cost of gas is the price of crude oil, which has been going up since October and is hovering around $120 a barrel, up from $70 a year ago. Russia’s war in Ukraine led...
Sep 1, 2021 · Although economists may argue about whether gas prices have an effect on the economy, there is a connection between consumer confidence, spending habits and gas prices.
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Jun 22, 2022 · The World Bank’s energy price index increased by 26.3 percent between January and April 2022, on top of a 50 percent increase between January 2020 and December 2021. This surge reflects sharp increases in coal, oil, and natural gas prices.
