When rates go low, future profits go high. Everyone wants a cutBy Richard B. McKenzie. Excerpt:”Profits in the future, dollar for dollar, are worth less than current dollars. This is because current profits can earn interest between now and the future, which means that future profits must be discounted by some percentage to make them…
Why the Fed Cut Sent Stocks Soaring
Why the Fed Cut Sent Stocks Soaring
23 Sep 2024 Leave a comment
in applied price theory, entrepreneurship, financial economics, macroeconomics, monetary economics Tags: monetary policy
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