Inflation & Interest Rates (MBA Buster)
Format: Kindle Edition
Release Date: June 10, 2011
How much do you know about inflation?
Do you understand why it affects nominal dollars but not real dollars?
Or why when inflation goes up higher than we expected, people who have fixed mortgages are happy but people who have pensions aren't?
And do you know why when banks charged 15% interest for mortgages in the 80's, they made less profit than they did off the 5% mortgages they sold in the late 90's?
If not, buy this book and learn something!
This book is part of the MBA Buster series. Whether you're getting your MBA from a university or have decided to go it alone, the MBA Buster series will: break a concept down into layman's terms, explain what you need to know for a test, and demonstrate how to apply the concept to the real world.
Brevitext books aren't like normal textbooks. Not in the slightest.
Normal textbooks are written by tenured university professors who have long forgotten how to relate to new students. Quantity, not quality, is the name of the game, and after spending hundreds of dollars on thousands of pages of awkwardly-written material, readers find themselves overwhelmed and confused.
Brevitext books, on the other hand, are written by fellow students who have recently mastered the concepts and are now applying them to the real world. They are concise, easy-to-understand, and light-hearted. Oh, and they only cost a few bucks.
For more information, visit www.brevitext.com.