3min 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 Viral Cycle of Low Interest Rates

Low interest rates encourage people to invest in projects that have too low returns. That leads to a weaker economy, which necessitates even lower rates. And so it's kind of this vicious cycletht we're in. I meani say fr i say it, for instance, italian cement manufacturers, e butyou c, imagine you wouldn't want to be there.

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