yeah, that's it (because it's a matter of definition). How about Gresham's Law?
On 6/21/07, Rich Wagner <[EMAIL PROTECTED]> wrote:
The inverse relationship between bond prices and interest rates?
me:
> are there any economic "laws" which are always true, the way the law > of gravity is?
-- Jim Devine / "The price one pays for pursuing any profession or calling is an intimate knowledge of its ugly side." -- James Baldwin
