Jurriaan Bendien <[email protected]> wrote: > I am not so sure what we should understand the “real interest rate” to mean > nowadays. It’s normally thought of as the “average” inflation-adjusted cost > of credit.
when economists talk or right of the "real interest rate," it's short-hand referring to a variety of different inflation-adjusted interest rates, which differ in terms of risk, illiquidity, the term to maturity, and tax treatment. -- Jim Devine / "Reality is that which, when you stop believing in it, doesn't go away." -- Philip K. Dick _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
