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171 - What Causes Bubbles? with Edward Chancellor - "The Price of Time"

Bankless

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The Natural Rate of Interest: Bank Practices and Economic Implications

This chapter explores the divergence between the natural rate of interest and manipulated financial rates, examining modern banking, money creation, and their impact on market dynamics. It critiques central bank inflation targeting and its historical context, while discussing the consequences of low-interest rates on economic stability.

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