Inflation and Interest Rates (MBA Buster)
Book Details
Author(s)MBA Buster
PublisherBrevitext
ISBN / ASINB0055HRG2I
ISBN-13978B0055HRG26
Sales Rank1,326,467
MarketplaceUnited States 🇺🇸
Description
How much do you know about inflation?
Do you understand why it affects nominal dollars but not real dollars?
Or why when inflation goes up higher than we expected, people who have fixed mortgages are happy but people who have pensions aren't?
And do you know why when banks charged 15% interest for mortgages in the 80's, they made less profit than they did off the 5% mortgages they sold in the late 90's?
If not, buy this book and learn something!
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This book is part of the MBA Buster series. Whether you're getting your MBA from a university or have decided to go it alone, the MBA Buster series will: break a concept down into layman's terms, explain what you need to know for a test, and demonstrate how to apply the concept to the real world.
Do you understand why it affects nominal dollars but not real dollars?
Or why when inflation goes up higher than we expected, people who have fixed mortgages are happy but people who have pensions aren't?
And do you know why when banks charged 15% interest for mortgages in the 80's, they made less profit than they did off the 5% mortgages they sold in the late 90's?
If not, buy this book and learn something!
---
This book is part of the MBA Buster series. Whether you're getting your MBA from a university or have decided to go it alone, the MBA Buster series will: break a concept down into layman's terms, explain what you need to know for a test, and demonstrate how to apply the concept to the real world.
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