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The Price of Time in a World Without Interest | Edward Chancellor

Hidden Forces

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What Are Interest Rates Determined?

How are interest rates determined? How would you explain to listeners the way in which we decide what an interest rate is, or should be? And that can lead us eventually to a conversation about who determines interest rates. Is it the market? Or do there need to be policy makers who set it? Well, we knoi ther don't need central bank, as it can't be risk every rate, right? They haven't been around very long in the ge it sa, we got five millennia.

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