2min chapter

The Jordan B. Peterson Podcast cover image

189. Is Property Theft? | Dr. Robert Murphy

The Jordan B. Peterson Podcast

CHAPTER

Why Do Interest Rates Play a Crucial Role?

The price system is the nexus by which that gets communicated around like high even likened it to a nervous system And so that's a sense in which the whole system stays rational if you want to use that phrase or how do we Husband our resources economically. But now specifically what is it that interest rates do and in the Austrian school they say that has to do with Intertemporal planning like Long-term decisions. That's where interest rates really play a decisive role.

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