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Ep357 - Yanis Varoufakis | And the Weak Suffer What They Must?

Talks at Google

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The Negative Price of Money

The price of money is the rate of interest. It's the price one is prepared to accept for not using money, for giving to somebody else. Negative prices are associated with bads. So how can it be that money could have a negative price? Well the reason is that money is not just a quantity or a commodity. A 19th century revolutionary referred to it as the alienated ability of humankind. Not those Karl Marx by the way.

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