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Old 11-13-2007, 04:46 PM
wtfsvi wtfsvi is offline
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Join Date: Feb 2005
Location: Norway
Posts: 2,532
Default Re: When we lower interest rates

I see. I admit that the ACists around here have greatly affected my understanding of economics. Good to get what seems like educated input, though I must say I don't quite understand. When the interest rate goes down that means borrowing money is cheaper. Shouldn't that increase the demand for borrowing? And doesn't that mean more money will be printed?

The article was in Norwegian, so linking it will probably not do much good. It was an article in a mainstream newspaper made to warn poeple from taking up mortgages in yen.
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