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Dorrance Publishing Co. Inc.
Dominion of Interest Rates: Credit and Debt, U.S. Federal Budget, Global Arena
Dominion of Interest Rates: Credit and Debt, U.S. Federal Budget, Global Arena
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Interest rates serve as guides to consumer, business, government, and international transactions. Authorities influence interest rates to achieve various national and global goals. Little attention is given to the actual amount that interest adds to cost or to returns; or the resulting pressure these amounts will exert towards continuing or moving in new directions of sector spending, national or global. GDP of nations and international transactions among them are lacking clear statements of interest components, thereby missing the significant contribution these elements would bring to understanding the behavior of world markets.
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