3 ms·
Not any more. 1. The market value of money available to invest is its price. 2. The price of money is the interest rate. 3. Interest rates have been extremel
by cheriot 10y ago
Not any more.
1. The market value of money available to invest is its price.
2. The price of money is the interest rate.
3. Interest rates have been extremely low for a very long time.
Conclusion: the value of additional money available to invest is extremely low. That same money in the hands of the working poor will be thrown right back into the economy.