Gar Lipow <[email protected]> wrote: > That is why Fed bonds can borrow money at > zero real interest or close to it.
The federal government's short-term (less than about 10-year) obligations are currently paying _negative_ real interest rates. See http://www.federalreserve.gov/releases/h15/current/ and look at inflation-indexed bonds. -- Jim Devine / It's time to Occupy the New Year! _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
