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janneseti Send message Joined: 14 Oct 09 Posts: 14106 Credit: 655,366 RAC: 0
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To the Swedish IRS it is very much rocket science:) At least to the people I talked to. There are more people than I who wonders how much tax you pay to different countries. And nobody can answer! I thought they just had to look on their computers and see where my tax payments goes. Another problem is the nomenclature which seems to differ between countries. My solution is to sell my investments:) UK lost one more taxpayer. Or is it US?? Who knows... Thanks all for your help. I have learnt a lot:) A consequence of low interest rates. Expect house prices shoots up again. Riksbank's zero interest rate makes it more cheaper to borrow, and that more can afford to bid on housing - while the supply in the big cities is rather small and many compete to buy. |
janneseti Send message Joined: 14 Oct 09 Posts: 14106 Credit: 655,366 RAC: 0
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http://en.wikipedia.org/wiki/Discount_window I found this definition for repo rate which I was looking for. (Why 3 different names for the same thing?) The discount rate at which a central bank repurchases government securities from the commercial banks, depending on the level of money supply it decides to maintain in the country's monetary system. To temporarily expand the money supply, the central bank decreases repo rates (so that banks can swap their holdings of government securities for cash). To contract the money supply it increases the repo rates. Alternatively, the central bank decides on a desired level of money supply and lets the market determine the appropriate repo rate. Repo is short for repossession. |
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