Franklin Raines , American businessman

said about Expectations, Inflation...

Share quote as image on FacebookShare quote as image on TwitterShare quote as image on Google PlusShare quote as image on PinterestShare quote as image or saveSend quote as image to friends e-mail
"They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up."
- Franklin Raines

Read all Franklin Raines quotes, or find out more about Franklin Raines