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05 Jul 09
RnaWiki: 09-06-06 Bailout costs go beyond mere cash
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Add Sticky Notedeficits are causing longer-term interest rates to go up
- Inevitably, interest rates will rise to offset the current deficits.
Higher rates are better for Savers.
The trick becomes to stay a bit ahead of inflation (which reduces the value of the deficits and will, therefore, be an inevitable policy tool in the future. - on 2009-07-05
- Inevitably, interest rates will rise to offset the current deficits.
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