Inflation Targeting; Interest Rate Rules; The Liquidity Trap.
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optimal interest-rate rules 最优利率规则
通货膨胀目标;利率政策;流动性陷阱。
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His or her loan will be modified (interest rate reduced or principal forgiven) and because of new more lenient HAMP rules, when she or he defaults again, the loan can be rejiggered yet one more time.
FORBES: Meet The New Subprime: It Will Cost Us Billions
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