#4845
Mentioned in 13 episodes
The Price of Time
The Real Story of Interest
Book • 2022
In 'The Price of Time', Edward Chancellor delves into the history of interest from ancient Mesopotamia to the present day, highlighting its crucial role in determining how capital is allocated and priced.
The book discusses the concept of interest as the 'price of time', its various forms and justifications throughout history, and its impact on economic activities.
Chancellor argues that low interest rates, particularly those following the 2008 financial crisis, have led to economic instability, asset price bubbles, reduced productivity growth, and increased inequality.
The book is praised for its engaging narrative, rich in anecdotes and historical insights, making it accessible and informative for both economic historians and general readers.
The book discusses the concept of interest as the 'price of time', its various forms and justifications throughout history, and its impact on economic activities.
Chancellor argues that low interest rates, particularly those following the 2008 financial crisis, have led to economic instability, asset price bubbles, reduced productivity growth, and increased inequality.
The book is praised for its engaging narrative, rich in anecdotes and historical insights, making it accessible and informative for both economic historians and general readers.
Mentioned by
Mentioned in 13 episodes
Discussed by Hugo Ferrer as a book translated into Spanish that talks about interest rates over time.
17 snips
Las ARMAS SECRETAS para Detectar SUELOS y TECHOS en los MERCADOS Financieros | Hugo Ferrer #89
Mentioned by Tomasz Nadrowski as a book about interest rates and the distortions caused by very low interest rates.
16 snips
Ep. 246: Tomasz Nadrowski on Navigating Global Chaos
Mentioned by 
Jonathan Davis as required reading to understand past, present, and future market trends.
Jonathan Davis as required reading to understand past, present, and future market trends.
14 snips
265: Money Makers Investment Trusts Podcast - Russell Napier, Edward Chancellor (26 Mar 2025)
Recommended by Rudy Havenstein along with "The Lords of Easy Money" to better understand ZIRP policy's consequences.
Episode 45: Markets Still "Full of Dry Tinder". With Rudy Havenstein.
Mentioned by Mike McGlone as a book highlighting deflationary forces and the price of time after massive liquidity injections.
Breaking: Bitcoin Closes Week Above $100,000! What Comes Next?
Mentioned by Mike McGlone to illustrate the historical pattern of economic booms and busts fueled by liquidity.
Bitcoin: Get Ready For More Pain Ahead | Macro Monday
Mentioned by Mike McGlone in relation to deflationary forces following massive liquidity.
Crypto Bulls Are Giving Up, Is Bitcoin In Danger? | Macro Monday
