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4 天前 · Bankers & Interest. The history of interest rates is provided on this site. Interest rates in a developed economy reflect the “option” value on the expected decline in purchasing power of money. If I expect it to decline by 5%, then I expect a profit, and say want 8%. You in turn will pay the 8% only if you think you also can make a profit ...
4 天前 · Deflation is not the lowering of prices, it is the lowering of economic activity that can also include STAGFLATION, which occurs when prices rise but there is no economic growth. Now, stagflation is not exactly the same as deflation, where the price of goods and services do decline. For example, prior to World War II, the US experienced a ...
