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It is this proactive strategy that forms the foundation of financial resilience in times of crisis, ensuring that individuals are prepared regardless of the economic climate.

Lessons from History: What Can We Learn?

Examining past economic crises reveals valuable lessons that can inform current financial decisions.

In the 1970s, inflation surged to over 14%, prompting the Federal Reserve to increase interest rates significantly. This period teaches us about the impact of high inflation, unemployment, and the tightening of monetary policies on the economy.