tag:blogger.com,1999:blog-2761684730989137546.post8008763985263521863..comments2024-03-28T20:28:01.733-04:00Comments on Mike Norman Economics: The era of low interest rates is not over. And this is so obvious I don't even know why I have to write this... — Ari Andricopoulosmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2761684730989137546.post-49040900075549517782022-11-01T08:01:28.066-04:002022-11-01T08:01:28.066-04:00Government sets the rate… it’s not coming down unl...Government sets the rate… it’s not coming down unless the govt does it and govt now increasing the rates…<br /><br />The higher rates will create higher interest income for savers so they won’t have to save as much to achieve interst income goals.., so the deficit will come down…<br /><br />You will have higher rates with smaller deficits… leading flow will be much higher as will tax receipts as interest income is taxable…Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.com