2min chapter

Hidden Forces cover image

The Price of Time in a World Without Interest | Edward Chancellor

Hidden Forces

CHAPTER

Is There a Universe Collective Universal Rates?

i've ays been most convinced by the view that interest is something that arises naturally. There are an infinite variety of interests, as they vary both on the credit spectrum and on the sort of spectrum of time. But i think you can still use the term interest rate as a shorthand in the same way that we talk about sort of consumer price index or whatever.

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