When Interest Rates Rise

Do you ever wonder why economists are only right on occasion and by accident? As a discipline, economics only acknowledges a handful of laws and principles, and ignores countless natural laws and issues which are even more relevant.
Every human being starts engaging in an ongoing transaction at birth and repeats the behavior constantly until death.
The Universal Law of Economics: All people trade freedom for comfort. This is the main reason why macroeconomic models never generate the kinds of results their creators expect get. The main motivating factor of is not a part of the discipline.

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