Dates: August 1-31, 2011
- Promotion Details: During August, you will get a FREE package of Designer Series Paper when you buy three! Use this limited-time offer to stock up on all your favorites, including brand-new designs from the 2011-2012 Idea Book & Catalog.
- There is no limit to the number of free packages of Designer Series Paper you can earn.
- Specialty Designer Series Paper, Hostess Designer Series Paper, and 2011 Holiday Mini Designer Series Paper are not part of this promotion and cannot be redeemed through this offer.
- Shop now.
Then there is the other side of the equation: the required return on debt from the point of view of the lender. The lender assesses the risk (or likelihood or uncertainty) that they will get their money back (and that the "money" is worth the same per dollar….so we are ignoring inflation just to simplify things). The less certain they are, the higher the return they are going to demand before they buy the debt. This required rate of return is a cost to the economy — a higher cost eats away at profits, and makes the economy less productive, less able to reinvest, employ capital and labor, and grow.