Let's have honest interest rates. Let's let the free…
“Let's have honest interest rates. Let's let the free market set interest rates in that zone where supply of savings is matched up with demand for real borrowing for capital projects.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Advocates letting market forces determine interest rates where savings meet borrowing demand for productive projects.
In simple terms: Let market set rates where saving meets borrowing.
Allow market to set rates.
Themes
Mood
Type
When to use this quote
- investment decisions
- government policy
- business planning
- financial markets
Key Concepts
Questions to Reflect On
- How would market‑determined rates affect low‑income borrowers?
- What safeguards are needed?
Market may ignore social equity concerns.