News

The Myth of the Equilibrium Interest Rate

The concept of an “equilibrium interest rate” is of limited, if any, aid to our economic understanding. Never mind the persistent popularity which it has enjoyed under fiat money regimes.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News