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To: LibFreeUSA

GDP growth is very connected to interest rates.


58 posted on 12/27/2018 2:20:13 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va
See Post #44.

If an economy consists of a butcher and a baker and nobody else, low interest rates may allow either of these business owners to expand their operation, but that's it. Maybe the butcher can produce 20% more meat and the baker can produce 20% more bread, but if the demand for meat and bread doesn't change then the GDP of this economy will not grow.

61 posted on 12/27/2018 2:39:39 PM PST by Alberta's Child ("I'm a cool dude in a loose mood! Hey -- two ginger ales for my girls!")
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