Debunking Economics - the podcast cover image

The Bank of England’s totally wrong response

Debunking Economics - the podcast

CHAPTER

The Role of Interest Rates in the Economy

In the UK it's become more of an issue because of the supply chain hasn't come back fully. The main thing determining people's willingness to invest is not the rate of interest which is discounting future rate of return but what the future innings themselves are expected to be. If you have expectations of profit you'll invest despite high interest rates if you have no expectations of Profit you won't invest despite low ones. i've got this great idea for a new phone called an iPhone i'd really push ahead with it but just the borrowing cost is too much at the moment, he says.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner