Jim Cramer on Interest Rates
- Filed under: Alternative Lifestyle, Household, Internet, Tips, business, information
- Date: Aug 24,2007
I think lower interest rates are always too high or there’s no such thing. There so much talk about it, people think that it is the most of important figure in the equation but they forget about what is actually the effective interest rate
which describes the total cost or the sum of all cost for the loan. Check this video Low Interest - Cramer on Interest Rates on NBC’s Jim Cramer advises everyone to stop stock trading
and advises the banks to keep low interest.
He believes low interest is the key to keeping the economy a float.
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