tag:blogger.com,1999:blog-709920428495382013.post6981860046303172265..comments2023-07-14T10:45:59.558+01:00Comments on Icelandic Economics: The Rate of Interest and the Nominal Monetary TargetAnonymoushttp://www.blogger.com/profile/03708780532217726350noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-709920428495382013.post-13090834327890107342012-05-29T19:47:11.786+01:002012-05-29T19:47:11.786+01:00"Savings" are the leftovers of your inco..."Savings" are the leftovers of your income after you've consumed (lets skip the taxes for a moment). Yes, the different scheme, as you call it here, of saving matters in the sense that it is a speculation! You might want to put some of your savings into funding a company or buy corporate bond. But your willingness to do so depends on what you expect to happen to the monetary value Anonymoushttps://www.blogger.com/profile/03708780532217726350noreply@blogger.comtag:blogger.com,1999:blog-709920428495382013.post-50091693044867691832012-05-24T13:37:31.353+01:002012-05-24T13:37:31.353+01:00Perhaps theory should be refined where you have a ...Perhaps theory should be refined where you have a mixture of extended preferences for saving. Reality is a bit complicated especially in today's financial markets. None of the models mentioned really cater for the fact that savings could be held in different forms (and not only through a set rate)<br /><br />'Savings' can encompass different schemes. I guess our theories do not cater Doorujnoreply@blogger.com