Higher Rock Education - Economics Blog

President Trump's Proposed Tariff - The Economics

Wednesday, March 07, 2018

Are you willing to pay more for your car or other items that use aluminum? Let's review the Economics behind Trump's proposed Tariff. More

State of the Economy - February 2018

Friday, March 02, 2018

In February 2018, the US economy is healthy, but fears of higher interest rates triggered by mounting inflationary pressures contributed to a dramatic fall in stock prices and higher bond yields. More

What's In a Bitcoin?

Wednesday, February 07, 2018

Bitcoin is a cryptocurrency that can be used to buy and sell goods and services anonymously, without the involvement of a bank or government. Transactions are tracked by a network of independent computers using blockchain technology. Recently, bitcoin has received much press, not because of its use as a currency, but because its value appreciated over 20,000% in 2017. What is the underlying reason for the appreciation of bitcoin? More

State of The Economy – January 2018

Tuesday, January 30, 2018

The US economy grew at 2.3% in 2017. It picked up steam in the second and third quarters when growth exceeded 3%. The drop to 2.6% in the fourth quarter is not alarming because the overall strength remains strong. Unemployment has fallen to its lowest level since 2000. Personal incomes are increasing. Inflation remains low, but there are signs inflation is increasing because wage increases continue to outpace inflation More

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