We have an entity which literally fixes the interest rate through a variety of methods and yet we're talking about why rates are the way they are. Boggles the mind.
It'd be like arguing about why rents aren't going up in a rent controlled neighborhood. "Because there's excess housing and not enough renters" doesn't seem to really explain the process.
It'd be like arguing about why rents aren't going up in a rent controlled neighborhood. "Because there's excess housing and not enough renters" doesn't seem to really explain the process.