Page One Economics^®

Most of us use credit cards, and many of us have credit card debt. Economists and personal finance gurus disagree on the best strategies for paying off that debt across multiple credit cards. Check out our February 2023 issue of Page One Economics^®: Focus on Finance to see why.

As inflation raises the overall price level in an economy, the purchasing power of the dollar decreases and both borrowing and lending costs increase. The January 2023 issue of Page One Economics^® discusses how price indexes can be used to transform nominal wages and interest rates into real, or inflation-adjusted, values.