federal reserve: THE WEAK DOLLAR, THE LOW MORTGAGE RATE AND MARILYN THE REALTOR
- 01/01/08 01:22 PM
The study of economics on a national and international level is called macroeconomics. Macroeconomics has been in the news quite a bit lately with the news of the ever-weakening dollar and decreasing mortgage rates. How are these two related and more importantly, how does it affect you? Picture the world as a series of banks where each nation is a bank. The nation's discount rate is the interest rate you get if you put your money into that nation, or bank, following our example. Normally, money flows into the banks that have the highest interest rates. Money leaves the banks that have … (0 comments)
The study of economics on a national and international level is called macroeconomics. 
;)
;)
