Replies

To: allmost

Not really. 5% inflation with 0% interest rates = -5% real interest rate.

12 posted on 07/23/2009 11:24:30 AM PDT by Pessimist

To: Pessimist

Negative five percent interest.

13 posted on 07/23/2009 11:27:59 AM PDT by allmost

To: Pessimist

Paying people to borrow and simultaneously eroding the currency they use.

14 posted on 07/23/2009 11:30:45 AM PDT by allmost

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