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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Moominoid who wrote (88590)9/9/2007 9:30:59 AM
From: alanrsRead Replies (1) of 306849
 
I sure don't want to get in the middle of this food fight, but did want to point out that the hip bone is connected to the thigh bone, as it were. If the interbank rate were set at 15% but money was going for 6% generally there would be no interbank activity. All the rates are interrelated in ways more complicated than I care to try to get my head around this early in the morning. Feel free to beat me about the head and shoulders (figuratively) for being too simplistic, of course.

ARS
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