In the first of our two-part post on inflation we came to the conclusion that a low and steady rate of inflation, roughly in the neighborhood of 2-3% annually, is preferable to the alternatives of deflation or hyperinflation. Central banks the world over tend to agree with our conclusion and thus seek to ensure that …
Jun
03
Interest Rate Fundamentals
As a small business owner, at some point in time you may require additional funding in order to help grow or diversify your operations. If you find yourself in this situation, then you might consider approaching a bank or other financial institution about a small-business loan. If the bank agrees to lend you some money, …
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