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The Correlation Between Inflation Rate, Interest Rate and Household Savings in the Current Period

Author

Listed:
  • Niþu Oana

    (Faculty of Economics, "Ovidius" University, Constanta, Romania)

  • Epure Dãnuþ Tiberius

    (Faculty of Economics, "Ovidius" University, Constanta, Romania)

  • Tileagã Cosmin

    (Faculty of Economics, "Ovidius" University, Constanta, Romania)

Abstract

In a society of free people, obviously, it cannot be proceeded in the same mode, and as result, the economising must be rewarded through the possibility of obtaining expendable goods, destined for later use, or capital goods, destined for productive use. In liberty conditions, there does not exist, a saving without rewards, and the reward cannot exist if the goods that it contains, indifferently if they are expendable or capital goods, do not become the private property of the person who makes the savings. The person makes savings because he has a purpose, which he freely chooses: to improve his living conditions. He can wish that for himself or others, but certainly not for strangers, or the state.

Suggested Citation

  • Niþu Oana & Epure Dãnuþ Tiberius & Tileagã Cosmin, 2013. "The Correlation Between Inflation Rate, Interest Rate and Household Savings in the Current Period," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1410-1413, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:1410-1413
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    More about this item

    Keywords

    savins; inflation rate; interest rate; population;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

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