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Dacey Rankins

added blog Business
2025-02-03 16:00:22 -

Why is Sustainability Important?
In recent years, the concept of sustainability has gained immense importance in discussions around climate change, social justice, and economic growth. But what makes sustainability so crucial? At its core, sustainability is about ensuring that the actions we take today don’t undermine the well-being of future generations. It is a holistic approach that integrates environmental, social,...

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Leonard Pokrovski

added blog Money
2025-09-17 19:52:04 -

What Causes Inflation?
What Causes Inflation? Inflation—the general rise in the price level of goods and services over time—is one of the most closely watched economic indicators. It affects households, businesses, and governments alike, influencing the cost of living, purchasing power, and investment decisions. While moderate inflation is considered normal in a growing economy, high or unpredictable...

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Leonard Pokrovski

added blog Money
2025-09-27 17:32:42 -

What does Bank of England base rate mean?
What does Bank of England base rate mean? The Bank of England base rate, often simply called the "base rate," is the UK’s official interest rate. Set by the Bank of England’s Monetary Policy Committee (MPC), it serves as a benchmark for the cost of borrowing money across the economy. In other words, it’s the rate that influences how much people and businesses pay on loans and...

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Leonard Pokrovski

added blog Economics
2026-01-27 18:48:10 -

What Is Deflation?
What Is Deflation? Deflation is an economic condition in which the general level of prices for goods and services falls over time. In simple terms, money becomes more valuable because each unit of currency can buy more than before. While lower prices may sound like good news for consumers, deflation is often viewed by economists as a warning sign of deeper problems in an economy. To...

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Leonard Pokrovski

added blog Economics
2026-01-27 18:51:11 -

What Is Fiscal Policy?
What Is Fiscal Policy? Fiscal policy is one of the main tools governments use to influence a country’s economy. Through decisions about spending and taxation, governments can encourage economic growth, reduce unemployment, control inflation, and address social and economic inequalities. Understanding fiscal policy helps explain why governments raise or lower taxes, increase public...

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Leonard Pokrovski

added blog Economics
2026-01-24 18:41:34 -

What is Macroeconomics? GDP, Inflation, and National Policies
What is Macroeconomics? GDP, Inflation, and National Policies Macroeconomics is a branch of economics that studies the behavior, structure, and performance of an economy as a whole. Unlike microeconomics, which focuses on individual markets and consumer behavior, macroeconomics looks at the big picture—national economies, global trends, and how government policies influence overall...

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Leonard Pokrovski

added blog Economics
2026-01-28 19:30:17 -

What Is Monetary Policy?
What Is Monetary Policy? Monetary policy is one of the most important tools governments use to manage an economy. It refers to the actions taken by a country’s central bank to control the supply of money and credit in the economy, with the goal of promoting stable prices, sustainable economic growth, and high employment. Although monetary policy can sound technical, it affects everyday...

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Leonard Pokrovski

added blog Personal Finance
2025-12-08 19:34:22 -

Why Is Saving Money Important?
Why Is Saving Money Important? Saving money is one of the simplest yet most powerful financial habits a person can develop. Although it may seem difficult—especially when dealing with rising living costs or unexpected expenses—it remains an essential foundation for financial stability and long-term well-being. Saving isn’t just about storing cash in a bank account; it’s...

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