hey i need some help with a part of my assignment.. (1 Viewer)

[Snowcub17]

it on economics but because this is the closest to an economic thread i will ask you guys.. please be a little bit detailed as there is absoulutely NOTHING on the internet about the role of ineterest rates, it has how they are determined but not the role of them in the economy. could someone please help me out?
Thanks.

 

[jb_nc]

lol

look harder

 

[DavidBenGurion]

derp

 

[Hardenne]

ummm.....monetary policy........duh

 

[Studentleader]

RBA website has HEAPS of information on this

 

[Monstar]

Guys, the topic of interest rates is a topic of unknown not yet sailed or explored deeply by the academics, thats why she/he can't find any shit on the internet for it. Don't be so hard.

 

[Studentleader]

Guys, the topic of interest rates is a topic of unknown not yet sailed or explored deeply by the academics, thats why she/he can't find any shit on the internet for it. Don't be so hard.

she/he is HSC 2011 so the level of information required would be quite low.

 

[Monstar]

she/he is HSC 2011 so the level of information required would be quite low.

holy fuck that flew right past you .

 

[ComingUpForAir]

What do you mean 'interest rates' ?
it merely refers to the rate of interest you pay in return for a loan, or the amount of interest you recieve the future in return for giving someone money now.
Or are you talking about the cash rate the RBA sets? which is basically the over-night interest rate determined by the RBA, that effects what banks do with their exchange settlement funds.

 

[Arowana21]

its all under monetary policy mate!
before interest rates meant nothing, but now are central bank the RBA has harnessed its power and is able to control it!

 

[Omnidragon]

It's like harnassing grain and stuff and eating chicken pies.