Basic purpose of this article is to discuss on a Short Concise Primer on Interest Rates. There is saying that money makes the entire world go around. In economic parlance this is not quite correct. Actually, it is the cost of money that makes the world go all around, and this cost of money is reflected in the quality of interest rates. As the quality of interest rates rise, business people and investors demand a higher rate-of-return on their cash investment to justify the particular expenditure.