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Showing posts with the label Nominal interest rate

From Cambridge to Eternity: “Change in Value vs in Quantity”

    With “benevolence” out of question, the rest of us wear quite many economic hats in everyday life: 1)      Home or in private capacity                - Producer and consumer of goods and services                - Constructer of and investor in assets including human credentials                - Owner and renter of physical and human assets 2)      At the firm in public capacity                 - The investor in and a partial owner of the firm                 - The renter of various assets, physical or human               ...