Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
In what sense has interest rates become irrelevant?

Of course, if interest rates have become irrelevant, then so have reserve requirements, so that would be a two-fer.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Tue May 6th, 2008 at 12:36:50 PM EST
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