Tuesday, November 9, 2010

MILTON FRIEDMAN'S SURPRISING SECRET....

It's very nice...
MILTON FRIEDMAN'S SURPRISING SECRET

http://www.boston.com/globe/search/stories/nobel/1992/1992n.html

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Interest-Rate Expectations, Real Rates and Inflation: The RBI’s Monetary-Policy Dilemma.....

Introduction The relationship between real interest rates, nominal interest-rate expectations, spending and inflation is more complicated ...