The bond price, and, as an arithmetical and rigid consequence, the interest rate is an inherently restless variable. (G. L. S. Shackle)

The bond price, and, as an arithmetical and rigid consequence, the interest rate is an inherently restless variable.

G. L. S. Shackle

Related topics

bond consequence interest price rate rigid variable

Related quotes

History teaches that war begins when governments believe the price of aggression is cheap. View quote
Ronald Reagan
The bond between friends cannot be broken by chance; no interval of time or space can destroy it. Not even death itself can part true friends. View quote
John Cassian
Nowadays people know the price of everything and the value of nothing. View quote
Oscar Wilde
Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest! View quote
John Buchanan Robinson
We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy. View quote
Rodrigo Rato