The Economy and You

Chances are you are fully aware that the condition of the economy on the highest level ultimately trickles down to affect you individually. However, you may find it difficult to discern between what economic conditions produce certain results and what factors determine economic conditions.

The following discussions explain the pieces of the puzzle and how they all fit together:

• Happy Days, Recession, Depression, Recovery: A discussion of the status of the economy from the best to the worst of times.
• The Federal Reserve's Role in Our Economy: A description of the Federal Reserve Bank and its purpose.
• How The Fed Controls Money Supply: An explanation of how the Federal Reserve carries out its duties of creating and maintaining a healthy economy.
• Confidence and Spending: The relationship between consumer confidence and spending and the state of the economy.
• Unemployment: The effect of the employment rate on the economy and vice-versa.