Shouldn't market forces determine the interest rate instead of Bernanke? - fixed interest market
This is what we call a free market. No, the interest rate would be fixed by magic, but that would result from voluntary transactions all Americans. It is determined by supply and demand, and adjusted accordingly. Therefore, the free market. The fixing of interest rates is the economic authoritarianism.
Friday, January 1, 2010
Fixed Interest Market Shouldn't Market Forces Determine The Interest Rate Instead Of Bernanke?
5 comments:
No, by market forces that determine interest rates, can lead to bad ends. Such as high inflation and economic crisis.
I am surprised that I did not laugh
Your question is whether the market, the Fed said, what is not? hahahahaha
fed bankers run the United States, saying the money from banks, the government itself, the president what to do - - and for a person to tell them what to do, that's fun
The Fed sets interest rates, it is only the target by adjusting the interest rates on their values. The reason for this is good because when properly implemented, reduce interest rates in an economic contraction of free will and debt recovery speed. Prices increased in these phases are bills help to control inflation.
The man, who was in fashion, as long as I can remember.
I'm pretty young, and I remember that President Bush "," fixed interest rates in 2001. I think it was the custom, the Fed, also well ahead. Monetary policy is very dangerous.
I remember Nixon's U.S. dollars on the open market to float and had lost its value through a second time following the same happened. I had a packet of Nice, whether at the time.
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