Inflation and deflation are often thought of as macroeconomic trends that impact broadly on national economies.  Not always so.  Although historians are prone to define periods broadly as inflationary or deflationary, they most often are doing so by measuring only labor and retail price movements....

What is a “Fact” The dictionary defines a “fact” as “a thing that is known or proven to be true,” “something that has actual existence” … or, simply, “a truth.” Straightforward, no? A seemingly simple exercise in separating reality from opinion and fantasy. ...