What is a “Recession” and How do we Thrive in It?

“At a recent congressional hearing, Federal Reserve Chair, Jerome Powell, finally acknowledged that the steps being taken to curb inflation may lead us into a recession. The big, scary “R” word… Even Cardi B has been tweeting about it. But what actually is a Recession? How much does it affect the average person? And what steps should we take to get through one?”