103. Islamic Finance and Bitcoin with Safdar Alam
The Bitcoin Standard Podcast
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What Determines the Interust Rate?
Even in a gold standard, even though no gold is being printed, effectively you've monotized the house by making it the collateral for the loan. And i think perhaps the er my case against interest, why i think there's still a long term decline in interest rate that at the, a, turn of the ninth at the end of the nineteenth century,. The lowest interest rate you could get was around two %. So we'd already, you know, under the gold standard when saving became extremely efficient as a way of saving money into the future.
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