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Banks often estimate inflation. You can see what they think inflation will be if you know how much they charge for loans and how
Banks often estimate inflation. You can see what they think inflation will be if you know how much they charge for loans and how much they expect to earn. Suppose the nominal interest rate is 7% and the real interest rate is 5%. Given these interest rates, the bank thinks inflation will be %.
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Functional Differential Geometry
Authors: Gerald Jay Sussman, Jack Wisdom, Will Farr
1st Edition
0262315610, 9780262315616
