The U.S. has gone through several economic crises that put a lot of Americans into the gutter. While it’s been more than eighty years, the memories of The Great Depression are still vivid today. Indeed, it has taught most of us a tremendous and painful lesson that will always linger.
But in the following decades, notable booms, bubbles, and crashes transpired. The dot-com bubble, The Real Estate Bubble, and The Great Recession are some examples. Now, the pandemic crisis and inflationary pressures are again testing policymakers.