4min chapter

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#53: Edward Chancellor On What History Can Teach Us About The True Cost Of Easy Money

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Coming Storm

Very low intrestrades appear to have been the calm before the storm. At the moment, weret a juncture that inflation has, you know, has entered into the system. The central bankers are trying to keep interest rates low. But they're also worried,. whether they always admit it publicly or not, that a very sharp rate of rise in interest would unraveltothe the precarious situation we've got ourselves intoin recent years. In britain, where i am speaking to you from, that e inflation may well hit er 15 per centand come closer to 20 per centa.

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