lower rates=>higher prices=>higher spending => less savings=>less fund available for lending =>more foreign funding? => higher rates? or lower rates?
interest rates can not cure real estate bubble. according to textbooks, interest rates work better for capping inflation.
lower rates=>higher prices=>higher spending => less...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)