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Is everyone worse off when interest rates rise 2024?

Olivia Phillips | 2023-05-07 11:14:46 | page views：1389
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Julian Butler

Works at the International Fund for Agricultural Development, Lives in Rome, Italy.
No, not everybody is worse off when interest rates rise. People who borrow to purchase a house or a car are worse off because it costs them more to finance their purchase; however, savers benefit because they can earn higher interest rates on their savings.
2023-05-08 11:14:46
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Amelia Wilson

QuesHub.com delivers expert answers and knowledge to you.
No, not everybody is worse off when interest rates rise. People who borrow to purchase a house or a car are worse off because it costs them more to finance their purchase; however, savers benefit because they can earn higher interest rates on their savings.
Econ 340, Fall 2011 Problem Set 1 Chapter 1: Questions 1, 4, 5, 9, 14 ...
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