The Ever-Growing Mountain: A History of the US National Debt

US National Debt: A Historical Journey of Growth and Crisis

The United States, a nation forged in revolution and economic aspiration, carries a burden that has grown with it: its national debt. It’s a complex tapestry woven from war, economic crises, policy decisions, and the very fabric of American ambition. This isn’t a new phenomenon; the echoes of past fiscal challenges resonate even today, as … Read more

The Federal Reserve: A Constant Dance Between Power and Stability

The Federal Reserve: Governors, Power, and US Economic History

In the annals of American economic history, few institutions wield as much quiet power as the Federal Reserve. More commonly known as “the Fed,” this quasi-governmental entity, established in 1913, serves as the central bank of the United States. Its very existence is a testament to a nation’s evolving understanding of financial stability, born from … Read more