We Study Billionaires - The Investor’s Podcast Network cover image

We Study Billionaires - The Investor’s Podcast Network

TIP505: The Price of Time w/ Edward Chancellor

Dec 18, 2022
49:23

Podcast summary created with Snipd AI

Quick takeaways

  • Interest rates serve as the price of time, influencing economic cycles and societal stability.
  • John Law's financial exploits highlight the dangers of easy money and speculative bubbles in economies.

Deep dives

The Significance of Interest Rates Throughout History

Interest rates have played a crucial role in societies throughout history, serving as the price of time and a key factor in economic booms and busts. From ancient Babylon setting maximum interest rates to debt jubilees in Mesopotamia and ancient Greece, interest rates have influenced debt forgiveness and economic stability across different civilizations.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode