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I'm in the interest rate chapter of Man, Economy, and State, and I am confused to how the interest rate gets determined. If the market was only the two people that he speaks of in section 3 (of CH 6), what would they land on for their equilibrium interest rate? The diagrams are linked here (page...
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Here's a story I just wrote to help explain what the Fed's doing to wreck our economy. Please let me know if it helps. Normal 0 false false false MicrosoftInternetExplorer4 The Three Little Pigs and the Federal Reserve Crisis In their later years, they bought a yacht and sailed the seven seas...