Article View: sci.econ
Article #1769Re: Inflation
From: William B Dwinnell
Date: Tue, 26 Jan 1993 02:29
Date: Tue, 26 Jan 1993 02:29
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Jim Hranicky: Much of what you wrote makes sense, except the part about "Inflation also causes interest rates to drop." It would seem that a lender, seeing the drop in the interest he's getting back, would be increasing the rate at which he charges interest. Likewise, the borroweer would be willing to pay more interest in the future, since, in the future, that money will be worth less than it would without inflation.,..
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Path: arc1-ca.pugleaf.net!sparky!uunet!zaphod.mps.ohio-state.edu!pitt.edu!wbdst From: wbdst+@pitt.edu (William B Dwinnell) Newsgroups: sci.econ Subject: Re: Inflation Message-ID: <2512@blue.cis.pitt.edu> Date: 26 Jan 93 02:29:57 GMT References: <1993Jan19.213541.29797@ttinews.tti.com> <2168@blue.cis.pitt.edu> <38385@uflorida.cis.ufl.edu> Sender: news+@pitt.edu Organization: University of Pittsburgh Lines: 8