We provide these services at
very nominal rates so that every student can get his / her essay, research, thesis or dissertation proofread by an expert professional.
Not exact matches
The more appropriate measure of financial repression is not the deflator, whichever one we choose to use, but rather
very roughly the gap between the
nominal lending
rate and the
nominal GDP growth
rate, the latter of which broadly represents the return on investment within the economy.
But regardless of the debate, the point to remember is that when the
nominal lending
rate is much below the
nominal GDP growth
rate, two
very important things happen.
Because I think China's
nominal GDP growth has been overstated by a substantial amount because of its systematic failure to write down bad loans, I usually have subtracted 2 - 4 percentage points from the
nominal GDP growth
rate before I did my
very rough calculation.
There is a growing sense that the world is demand short — that the real interest
rates necessary to equate investment and saving at full employment are
very low and may be often unattainable given the bounds on
nominal interest
rate reductions.
In my view, the most likely accompaniment to economic weakness would not be a decline in
nominal rates, but somewhat accelerated inflation (meaning that real interest
rates might
very well fall to negative levels), and possibly substantial weakness in the U.S. dollar.
These small emergency loans come with a three - digit interest
rate against a
very nominal amount determined by the lender to be paid in 30 days.
As I noted this past January in Sixteen Cents: Pushing the Unstable Limits of Monetary Policy, a collapse in short - term yields to nearly zero is a predictable outcome of QE2, based on the
very robust historical relationship between short - term interest
rates and the amount of cash and bank reserves (monetary base) that people are willing to hold per dollar of
nominal GDP:
It also seems
very odd to me that this bank would advertise the (lower)
nominal rate instead of the higher 1.005 actual APY!
The Points concept can become
very confusing, and it works sometimes the other way round (you get a slightly higher
nominal interest
rate, and some cash in hand to make up for it)
Dear Ksam, Almost all the debt funds are giving
very nominal returns as there is no clear trend (upward / further downward) for interest
rate cycle.
Nominal means
very small or far below the real value or cost, and in finance, this adjective modifies words such as fee, interest
rate and gross domestic product (GDP).
Assuming a safe withdrawal
rate of 3.3 %, this portfolio would provide $ 33,000 of funds available per year, a
very conservative estimate in my mind which should allow for the portfolio to continue to grow and kick off the same
nominal amount indefinitely (and I think Libre and ERN agree with this safe withdrawal estimate).
Knowing BOCs boss I would not be surprised at all if we move to negative
nominal interest
rates while inflation is at 8 - 10 % annually (of course the
very move of cutting the
rates down instead of raising it up will kill the CAD and the imports will skyrocket, including food, so 10 % inflation is pretty much guaranteed)
Notice that this is
very close to
nominal growth
rate minus the inflation
rate.
Some jurisdictions impose strict usury limits, limiting the
nominal annual percentage
rate (APR) that any lender, including payday lenders, can charge; some outlaw payday lending entirely; and some have
very few restrictions on payday lenders.
Note that the error is a tiny fraction of a cent, and the interest
rate is a
very nice 18.4 %
nominal annual
rate, compounded monthly.
And, has made made
nominal rates negative for some
very short instruments inside 6 months of maturity.
In today's Zero Lower Bound world, central banks have effectively set
nominal interest
rates as
very close to nothing.