Replies

To: Republic of Texas

Not in theory. However, if the going rate is lower than inflation rate, the real interest rate is essentially negative.

That is, if the current interest rate is 2% and the current inflation rate is 3%, then the interest rate is effectively negative.

13 posted on 03/17/2008 11:23:50 PM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)

To: TigerLikesRooster

/sarcasm

15 posted on 03/17/2008 11:24:35 PM PDT by Republic of Texas (Socialism Always Fails)

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