Who was the leader of the Soviet Union?

Who was the leader of the Soviet Union? List of leaders Name (lifetime) Period Joseph Stalin (1878–1953) 21 January 1924 ↓ 5 March 1953† Georgy Malenkov (1901–1988) 5 March 1953 ↓ 14 September 1953 Nikita Khrushchev (1894–1971) 14 September 1953 ↓ 14 October 1964 Leonid Brezhnev (1906–1982) 14 October 1964 ↓ 10 November 1982† Who […]

What happens if interest rates fall?

What happens if interest rates fall? Because higher interest rates mean higher borrowing costs, people will eventually start spending less. Conversely, falling interest rates can cause recessions to end. When the Fed lowers the federal funds rate, borrowing money becomes cheaper; this entices people to start spending again. When rate of interest falls level of […]

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