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• 18:19, 3 June 2024 Derekmc talk contribs created page The interest rate is the continuous "own rate" of inflation (Created page with "In chapter 17 of keynes' general theory, various ideas of interest are discussed. In particular, he uses a concept of the "own rate". This is the interest of any good or service, denominated in that same unit. So the own rate for apples, is how many apples you have to sell today to lock in a futures contract for some fixed amount of apples at a future date. Like many rates, this "own rate" relates to other rates, such as interest or inflation, in specific ways. While...")