The most important price in the American economy is not the price of oil, computer chips, wheat or cars. It's the price of money -- interest rates. When rates move, they ultimately affect the price of almost everything else. Which poses some intriguing questions. Is the era of low interest rates ... -
The End Of Cheap Credit?
The most important price in the American economy is not the price of oil, computer chips, wheat or cars. It's the price of money -- interest rates. When rates move, they ultimately affect the price of almost everything else. Which poses some intriguing questions. Is the era of low interest rates ...-
By Robert J. Samuelson