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Tag Archives: right interest rate

Who Knows the Right Interest Rate, Report 3 Feb 2019

On January 6, we wrote the Surest Way to Overthrow Capitalism. We said: “In a future article, we will expand on why these two statements are true principles: (1) there is no way a central planner could set the right rate, even if he knew and (2) only a free market can know the right rate.” Today’s article is part I that promised article. Let’s consider how to know the right rate, first. It should not be controversial to...

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