Saturday, June 23, 2007
An Interesting Chart
The following chart is worthy of some study. Nominal GDP vs. yield on the long bonds. Periods of low interest rates tend to give rise to inflation and periods of high interest rates tend to give rise to disinflation. But, as with global warming, what is cause and what is effect?
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3 comments:
Mind-bogglingly link-rich site for the world of biz & finance.
Good find, Buddy. Thanks!
...my pleasure, MHA. Do note the 'toolkit' down near bottom. Great stuff--
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