definition
Interest rates are not primarily consumer guidance in Jiang’s model; they coordinate whether banks should release or withhold liquidity.
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Interest Rates
Interest rates are not primarily consumer guidance in Jiang’s model; they coordinate whether banks should release or withhold liquidity.
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"...or not to lend money and this mechanism is called the interest rate now again if you study economics what they will teach you..."
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"...an economics class but there's actually another explanation which is the interest rate is not to signal consumers or homeowners to buy but rather..."
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"...central banks. So, every nation has a central bank that determines interest rate. But, all central banks, which coordinates all central banks. All right?..."
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"...very simple. Rooming B to USD. Okay. So remember how the interest rate in a national economy is a signaling mechanism as to whether..."
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"...survive, they need to borrow money. But over time, because of interest rates, the poor find themselves in slavery. Okay? Because if you can't..."
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"Their children's children become slaves as well. Okay? Because of interest rates, it's impossible for you to pay back that debt. Okay? So now..."
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