On Thu, 24 Feb 1994 [EMAIL PROTECTED] wrote:
> I am curious, Doug, as to how the low interest policies of the late 1980s and
> 90s protected the coupon clippers. Many of the real "widows and orphans" of
> rentier fame (alleged!) really have been harmed by the lowering of rates ...
Had it not
On Thu, 24 Feb 1994 [EMAIL PROTECTED] wrote:
> I am curious, Doug, as to how the low interest policies of the late 1980s and
> 90s protected the coupon clippers. Many of the real "widows and orphans" of
> rentier fame (alleged!) really have been harmed by the lowering of rates ...
Had it not
In a post dated yesterday, the assertion was made that the political limits of
interest rates (within the "supply-and-demand-for-loanable-capital" rubric)
were that interest could not rise high enough to consume the mass of surplus
value and could not fall below zero.
This is true, of course, of
In a post dated yesterday, the assertion was made that the political limits of
interest rates (within the "supply-and-demand-for-loanable-capital" rubric)
were that interest could not rise high enough to consume the mass of surplus
value and could not fall below zero.
This is true, of course, of
