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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who started this subject	12/21/2000 2:25:23 PM
From: gpowell	Read Replies (1) of 24758

Wicksell's Article May Explain Fed's Strategy on Interest Rates By STEVE LIESMAN Staff Reporter of THE WALL STREETJOURNAL … According to Mr. Wicksell, the optimum level of interest rates is a level that is roughly equal to the return demanded by investors. He calls this rate the "natural" rate. Imbalances between this rate and the market rate, the rate that banks charge clients who want to borrow, cause inflation or deflation, he wrote. … gsu.edu

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