Why Are Interest Rates So Low? What You Need To Know 2

Milton Friedman's Interest Rate Fallacy highlights low rates as evidence that money supply is tight rather than the other way round as commonly believed

What else is in an interest rate?

We have already seen how the interest rate fallacy plays out when people only see rates as a function of central bank policy, neglecting the fact that borrower’s perceptions matter as well.

But what about how lenders see things?

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