Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
The Cost of 'Reform' | 21 comments (21 topical, editorial, 0 hidden)
Re: Hehe! (4.00 / 2)
That chart indicates that, if anything, the interbank rate drives the base rate. Changes in the base rate have no effect on the interbank rate.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Carrie (migeru at eurotrib dot com) on Wed Apr 9th, 2008 at 04:36:44 PM EST
[ Parent ]

Others have rated this comment as follows:

metavision 4
Frank Schnittger 4

The Cost of 'Reform' | 21 comments (21 topical, 0 editorial, 0 hidden)
Display: