Issue 12  •  Spring 2013

Money for Nothing

Interest: You Can't Escape It!

Written by Andrea Davila
      Active Image                                                           Interest is a little like bacteria—all around us, growing and dispersing, affecting our lives in ways we don't initially understand. And we're never sure whether it's an enemy or a friend—should we be taking those antibiotics, or letting kids play in the dirt? Are we supposed to be excited or disappointed when "the Fed lowers the interest rate?" What IS interest, and how do interest rates affect us?
 

Share this post