interest

Hi there! Was the dollar created by the US government? If so, why does the US have to borrow it at interest? Does it apply for the Crown in Norway, the pound in the UK or the Yen in Japan?

Brad Delong argues that the Fed should have charged interest on its huge lending to Morgan Stanley in September 2008 just as the government did with TARP. The argument is a sensible one (if you are for such actions by the Fed)...

The Bank of New York announced earlier this month that it would charge fees for large deposits, effectively creating a negative interest rate where the depositor pays money to keep money in the bank. This week, Switzerland and Singapore have seen certain market rates fall negative as well as...

I found an interesting article on the ramifications for world growth as a result of the rising interest rates of US Debt. Do you think this is exaggerated, or is MYP's predictions regarding the negative effects of the 1.2-trillion bail-out package now coming true...