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Tag Archives: central banker
Yootle interest rates and inflation
There is some excitement around Yahoo’s planned “Yootles” currency and group decision-making mechanism. Near the end of the above paper, one sees that the initial interest rate for Yootles will be set to 5.375%. This strangely precise level is 1/8th … Continue reading →
Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Meta), Economics
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Tagged central banker, Fed Funds, Federal Reserve System, Trader, Yahoo!
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8 Comments