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Karl Marx’s ”Capital” Vol. 3 (Part 4/10)

Theory & Philosophy

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The General Rate of Interest

Interest rate is somewhat static, whereas profit rate can be affected in so many different ways. Changes in the value of money do not prevent it from having the same value in relation to every commodity. Market prices of commodities fluctuate daily, although this does not prevent them from being noted every day in the reports. It is just the same with the rate of interest, which is noted just as regularly as the price of money. This is because capital, it is offered here as a commodity in the money form. The establishment of its price is therefore the establishment of its market price, just as with all other commodities. And so the rate ofinterest presents itself always as a general rate of interest for

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