Predictable increases == stable. "but more than a 10th of the population is in their working years but not working." Fed has very limited set of things they control. They don't do fiscal or policy.
Prices, in US Dollars, have more or less been stable. Some have risen a lot (e.g., medical, education). Some have gone down a lot (e.g., clothing). Overall though....stable-ish. Some of this the fed controls, some of…
"Real" means inflation adjusted in the economics and finance world. Let's call it a "True" interest rate. Central banks directly influence the shorter end of the yield curve. They can influence the longer end only…
"* In a rising interest rate environment, all bond purchases will prove unwise, since the investor could have earned a higher rate by waiting a bit longer. * In a falling interest rate environment, all bond selling…
Regarding business debt ---- > It is usually floating rate and has a shorter term. You will have to roll the debt more often as you refinance. Thus, you will pay the higher inflation costs. And if inflation costs are…
Predictable increases == stable. "but more than a 10th of the population is in their working years but not working." Fed has very limited set of things they control. They don't do fiscal or policy.
Prices, in US Dollars, have more or less been stable. Some have risen a lot (e.g., medical, education). Some have gone down a lot (e.g., clothing). Overall though....stable-ish. Some of this the fed controls, some of…
"Real" means inflation adjusted in the economics and finance world. Let's call it a "True" interest rate. Central banks directly influence the shorter end of the yield curve. They can influence the longer end only…
"* In a rising interest rate environment, all bond purchases will prove unwise, since the investor could have earned a higher rate by waiting a bit longer. * In a falling interest rate environment, all bond selling…
Regarding business debt ---- > It is usually floating rate and has a shorter term. You will have to roll the debt more often as you refinance. Thus, you will pay the higher inflation costs. And if inflation costs are…