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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (77778)4/17/2008 7:10:25 AM
From: Dan3  Read Replies (1) of 116555
 
Re: Inflation models cannot explain low interest rates while I called for them.

Do you think the yield curve represents deflation? Expectations of deflation?

Interest rates on mortgages have not dropped. Average short term rates actually being charged by CC companies (if you include fees) are very high.
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