Re: Interest Rates, Inflation, Exchange Rates and Credit inBull And Bear Ma...

["Alan G. Isaac" <aisaac@xxxxxxxxxxxx>]

On Mon, 4 Dec 2000, Gunnar Tomasson wrote:
> My "basic economic intuition" advises that there exist no a priori grounds
> for supposing that entrepreneurs are less likely to raise output prices in
> response to higher interest costs than they are when faced with higher labor
> costs per unit output.



Of course.
You appear to have missed much
of this thread.
 http://csf.colorado.edu/mail/pkt/2000/msg02390.html

Alan