How the Fed Interest Rate Affects the Market
September 18th, 2007 | by rocketc |This is a great post on one of my favorite personal finance blogs. I have a basic idea of how interest rates affect the market and the economy, but Jim’s post puts it in laymen’s terms that almost everyone can understand.
What I am curious about, is what would happen to the economy if it was released from a centralized, federal control? What exactly keeps those in government from “playing politics” with the economy?
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