The History and Impact of Interest Rates

In this special episode of Behind the Memo, Howard Marks is joined by journalist and financial historian Edward Chancellor to discuss ideas from Howard’s recent memo, Easy Money, which was inspired by Edward’s book, The Price of Time: The Real Story of Interest. They explore the history of interest rates, the profound impact they’ve had on financial markets, and the potential dangers of keeping them too low.

You can listen to "Easy Money" in the prior episode in this feed.