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Contents contributed and discussions participated by Graeme Lorimer

Graeme Lorimer

BBC News - China cuts key interest rates to boost growth - 0 views

  • attempt to boost its slowing growth
    • Graeme Lorimer
       
      GPL vs. GDP curve higher price levels reduces spending and GDP
  • higher rates to savers and lower rates to borrowers.
    • Graeme Lorimer
       
      Encourage spending of money rather than "keeping it under the mattress"
  • more competition
    • Graeme Lorimer
       
      Good for consumers - more competition -> lower rates and more borrowing so there will be more spending and the GDP will rise
  • ...3 more annotations...
  • t's a first step in rate liberalisation
  • curb lending
  • slowdown around the world
    • Graeme Lorimer
       
      China controls everything
Graeme Lorimer

Oil increases to highest level since 2008 - CNN.com - 0 views

    • Graeme Lorimer
       
      Graeme Lorimer - IA 1
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