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Meet The McKinneys » Banking Bits » How Interest Rates Are Used to Control Inflation

How Interest Rates Are Used to Control Inflation

20091215_whiteboard-interest-rates_17Many of us know that inflation is bad, but most of us don’t realize how it works. Paddy Hirsch gives a simple, but brilliant explanation. Watch this video and let me know what you think by leaving a comment.

Interest rates from Marketplace on Vimeo.

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