Bordo, Michael D. (contributor); Dueker, Michael (contributor) - 2001 - [Elektronische Ressource].
selection, higher default rates, credit rationing and a reduction
in the supply of investment capital, causing lower long … of the
economy. Rising prices and profits encourage more investment and also speculation for capital
gains. Debt …. Uncertainty about the
nature of price changes can lead to bad forecasts of real returns to investment projects and, hence,
to …