Ep. 264 Is the Fed Bailing Out the Banks
Bob Murphy Show
00:00
The Importance of Foresight in Investing
The problem with your investment wasn't that actually you miss forecast what the cash flows would be. It's just you miss forecastWhat the interest rate was going to be. So by assumption in this one, we're saying, no, you're still are getting $1,000 a year. And so that's kind of weird that if you hang on to this asset, there's a sense in which you're not hurt.
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