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Edward Chancellor – Interest, Capitalism, & The Curse of Easy Money | #437

The Meb Faber Show - Better Investing

CHAPTER

What Have Low Rates Contributed To?

low interest rates have delayed and suspended the process of creative destruction, writes Jeremy Rifkind. He argues that a sort of desperate search for high returns in a low interest rate world is what fueled this great flow of capital into silican valleys. As people take on more risk as interest rates fall, he says, they are going to be punished for it.

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