Quiz: Name a Single Country With a Postive Real Interest Rate?

[aeliodon]

The Answer is None.

There is not a single country in the world with a positive real interest rate.

That's just goes to show that there not a single central banker in the world that gives a shit about inflation. That means right now they are perfectly comfortable letting inflation get out of control, as if it isn't already.

 

[gnome]

And... don't we wish we knew the REAL reason why.... ??

 

[atonix]

Peru, for one.

Sources: Historical interest rates, Current Interest Rate, Currency information, Government Inflation Report (in Spanish, but the current rate is on the linked Wikipedia article).

Peru's central bank raised its key interest rate by 25 basis points to 6% late Thursday in a move to fight inflation.

 

[MrProfit]

Quote from aeliodon:

The Answer is None.

Bullshit.
Look at Poland.

Interest rate 6% inflation circa 4.4%


Here is a USD/PLN chart.
Take a look:

http://www.getagraph.com/index.php?module=Analysis&func=valutacharts&page=v&val=USD&valuta=PLNUSD

 

[atonix]

Quote from MrProfit:

Bullshit.
Look at Poland.

The OP obviously didn't do any research, there's quite a few out there.

 

[libertad]

http://www.sedlabanki.is/?PageID=287&NewsID=1813

 

[womblevader]

Come on guys, why let the facts get in the way of a good headline.

The OP has a point.

 

[Bob111]

Quote from atonix:

The OP obviously didn't do any research, there's quite a few out there.

agree..

SA-
http://allafrica.com/stories/200802270823.html

8.8

SA one of the biggest bank rates-
http://www.standardbank.co.za/SBIC/Frontdoor_06_01/0,2378,3447_1107546_0,00.html
(about 12% in average)
maybe OP goal is to get the info in such way?

 

[demoship]

Isn't Japan still deflationary -- or at the minimum, holding flat.

That means their 1/2 point target rate is > inflation.

 

[number22]

Your answer is for the question; name a single country doesn't lie about its numbers come out.