Question

what is dear money? with example

Answer 1

It is something with which we can’t buy feelings but we can live a luxurious life
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Answer 2

Dear money refers to money that us hard to obtain because of abnormally high interest rates. Dear money is often referred to as tight money because it occurs in periods when central banks are tightening monetary policy.
For example, if interest rates are 12 percent, anf inflation is 3 percent, the real interest rate is 9 percent, meaning firms need to generate real growth of 9 percent to make it worthwhile.

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