http://www.nytimes.com/2010/04/11/business/economy/11rates.html
Sunday, April 25, 2010
Interest Rate
The interest rate is going to increase steadily for the next few years. It is going to hurt the housing market and credit card use the most. It needs to be stopped through open market operations. The government needs to buy securities, through Expansionary. This will lead to a increase in the money supply and investment, but most importantly a decrease in the interest rate.
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