Tag: rate of interest
What interest rates really are and what happens when governments change them
February 1, 2017 | Post
The first thing to clarify is what an interest rate is not.
Fiscal and economic implications of higher interest rates
December 10, 2016 | Post
As the Mercatus Center’s Scott Sumner often says, one ought never to reason from a price change. Interest rates, like other prices, can change for all sorts of reasons; the implications of the change generally depend on the particular reason for such a change.
Cash is not the enemy; central banks are
October 19, 2016 | Post
Are interest rates not prices? And if so, should they not be discovered instead of imposed?