1min chapter

Forward Guidance cover image

The Price of Time | Edward Chancellor & Joseph Wang

Forward Guidance

CHAPTER

The Impact of Loan Interest Rates on Economic Growth

One of the things that we saw in this loan interest rate was the giant boom in VCs and so forth. Conceptual fraudulently conceptual businesses were being quickly spun into these special purpose acquisition companies or freight zone market. And then eventually when they were sort of fully multi-billion value, it was in attempt to friggle on the ratchet investors in market. That slightly changed right at the end with the SPAC boom,. whereas, you know, normally these venture capital businesses go to market as quickly as possible.

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