2min chapter

Animal Spirits Podcast cover image

Getting Rich Quick (EP.285)

Animal Spirits Podcast

CHAPTER

What Is the Short Term Interest Rate?

"Most every bubble in history has been pricked by interest rates going higher," he says. "It is obvious that a lot of what was happening was only happening because of low interest rates" The housing market went bananas due to human nature, CNN's John Sutter writes.

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