
Edward Chancellor: why interest is the force that holds everything in place
MoneyWeek Talks
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I Don't Think Central Bankers Understand Inflation
Inflation is a symptom of a sort of dislocation within the society, which has been building up it for a long time. The dislocations inside him were caused by the very low interest ate policies and the inequities that they produced. And really till until the pain of the inflation exceeds the in the publics mind, whatever benefits there are from keeping interest rates very low and and letting inflation rip,. i think ito ywiill continue for a while, for several years.
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