The loanable funds market and real interest rates are really just like a fun reality singing show with costumes, but there isn’t any singing, and it’s not on T.V., there are no costumes in sight, and in the end, the panelists usually guess right the first time.
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Chapters:
0:00 – Introduction
1:06 – Nominal Interest Rates
3:50 – Real Interest Rates
7:11 – The Fisher Effect and other outcomes
10:53 – Conclusion
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