Re:Savers are slowly choking off the life of the world economy
by sullenpaladin on Monday December 19, 2016 @09:59AM
(#13211757)
Interest rates are all directly or indirectly based on rates set by the Federal Reserve (in the US). Market forces have no say in interest rates.
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Re:Savers are slowly choking off the life of the world economy
by neolefty on Monday December 19, 2016 @10:03AM
(#13211781)
It's indirect, but if institutions stopped loaning the US Gov't money, it would have to raise bond rates -- wouldn't that force the Federal Reserve to raise its rates as well? That would connect the market to the rates.