"Jurriaan Bendien" <[email protected]> wrote:
> The real reason interest rates are rising Corporations that produce things > have a high return on capital at this time, but zero risk bonds are hard to get and explains why interest rates have been low. The annuity writers need zero risk bonds to finance the annuities but the annuity payout is so low that people don't want to buy annuities which depresses the bond market. There is no natural mechanism to determine low risk interest rates. Marx does bring discuss the money capitalist and his goals. -- Ron
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