Comments: Lomax on the Great Stability

Interest rates determine the way consumers spend their money. Where consumers pay their rightful taxes, it becomes evident that slow consumer spending means a weaker economy, and hence lower popularity for the ruling party.

It s just right that Lomax looks at higher interest with disdain.It must be that it makes imports cheaper,however the gains on importation does not necessarily pass on to the consumer, whilst pushing the currency higher and higher.

Posted by Hitesh Damani at November 30, 2006 01:42 PM
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