
TIP505: The Price of Time w/ Edward Chancellor
We Study Billionaires - The Investor’s Podcast Network
The Centrality of Interest Rates in Capitalism
This chapter delves into the critical role of interest rates in capitalism and their impact on economic valuation. The speakers discuss the historical oversight surrounding interest rates and reflect on current trends, such as rising inflation and their implications for financial markets and societal values.
IN THIS EPISODE YOU’LL LEARN:
- 01:08 - Why the interest rate is putting a price on time.
- 14:50 - Why John Law is the most extraordinary person in the history of finance.
- 19:00 - The history of the first experiment of easy money by a central bank.
- 35:36 - Why “2% return” has caused the issues we currently see and have caused multiple other booms and busts throughout time.
- 39:42 - What the natural level of interest rates are.
- 43:46 - Why irresponsible monetary policy has an impact on creative destruction and, in turn, productivity and wage growth.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Edward Chancellor’s book, The Price of Time – Read reviews of this book.
- Check the authenticity of any quote on Quote Investigator.
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