Interest Rates and the Nature of Profit | The Twilight of Gold Series | Episode 12 (WiM186)
The "What is Money?" Show
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The Ontrponial Process
As an atroprener, you are spending capital to purchase income. The profit is just the difference between their costs in money terms and the sale price of the thing they make. You input one amount in the beginning, and a product comes out at the other end. And whaever that profit is, that's your personal going rate of interest.
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Transcript
