28/08/18

How To Manipulate People With Interest Rates



----
How To Manipulate People With Interest Rates
// RSS

Authored by Frank Shostak via The Mises Institute,

Most experts agree that through the manipulation of short-term interest rates, the central bank by means of expectations regarding future interest rate policy, can also dictate the direction of long-term interest rates. In this way of thinking expectations regarding future short-term interest rates are instrumental in setting the long-term rates. (Note the long-term rates are an average of short-term rates in this way of thinking.)

Given the supposedly almost absolute ....

Posta un commento