The Correlation Between Inflation Rate, Interest Rate and Household Savings in the Current Period

Niþu Oana (), Epure Dãnuþ Tiberius () and Cosmin Tileaga ()
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Niþu Oana: Faculty of Economics, "Ovidius" University, Constanta, Romania
Epure Dãnuþ Tiberius: Faculty of Economics, "Ovidius" University, Constanta, Romania

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 1410-1413

Abstract: In a society of free people, obviously, it cannot be proceeded in the same mode, and as result, the economising must be rewarded through the possibility of obtaining expendable goods, destined for later use, or capital goods, destined for productive use. In liberty conditions, there does not exist, a saving without rewards, and the reward cannot exist if the goods that it contains, indifferently if they are expendable or capital goods, do not become the private property of the person who makes the savings. The person makes savings because he has a purpose, which he freely chooses: to improve his living conditions. He can wish that for himself or others, but certainly not for strangers, or the state.

Keywords: savins; inflation rate; interest rate; population (search for similar items in EconPapers)
JEL-codes: E2 E22 (search for similar items in EconPapers)
Date: 2013
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