4min chapter

The "What is Money?" Show cover image

WiM009 - The Saylor Series | Episode 9 | Economics, Inflation, Interest Rates, and Natural Competition

The "What is Money?" Show

CHAPTER

Is Suspressing Interest Rates Trying to Stabilize the Market?

"When you try and artificially inflate the money supply to create this veneer of stability, you are actually just delaying your, your fistl your manipulating market prices," he says. "You 're also delaying and exasperating the ultimate correction, because you can't fool economic reality." In a way, i seethe vision i have in mind is central banking is kind of like an air conditioner,. So it's trying to pump, you know, an airconditioner's a heat pump, so it's pulling entropy out of the room, som actually putting cold air into the rom)."

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