Sep 23, 11 •
174 Views •
Businesses, Economic Debates, International Trade and Finance, Money and Monetary Policy, Thinking Economically •
Elaine Schwartz •
Operation Twist is a great name but tough to understand. Our starting point is interest rates. When you loan someone $100, you expect to be repaid more. How much extra? It depends on many variables so let’s just look at one. Time. When the federal
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