Tag: michael lee-chin
Planet Money Does Piece on Crowding Out Effect
A month or so ago I wrote this post on the impact of government borrowing on interest rates. Basically, as the government borrows more and more money they “crowd out” private sector borrowers or force them to pay higher interest rates. Last Tuesday NPR’s Planet Money Team did this podcast in which they visit Jamaica [...]
Posted: July 6th, 2010 under Economics & Interest Rates.
Tags: crowding out effect, how government borrowing can impact mortgage rates, michael lee-chin
Comments: none