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Put At Least 20% Down On A Home - Your home is most likely the biggest purchase you will make in your lifetime, so when planning for the big day,...

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Deflation

Definition: The opposite of inflation, deflation is when the price of goods begins to fall.  This sounds like a good situation (because things are cheaper) but it's really not!

TeenAnalyst Advice: Most people think of the Great Depression when they think about deflation.  Minor deflation isn't terrible but prolonged deflation means that the value of real estate decreases.  People will begin to feel "less wealthy" because of this and spend less money.  Without consumer spending, the economy can spiral into another depression.

 

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Definition of the Day Law of One Price

Law of One Price - The law of one price relates to the theory that any commodity, asset or security will have the same price in more than one exchange. Should the price differ in anyway, then by what are called arbitrage opportunities an equality will be achieved. Essentially the...

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