Episode notes
IN THIS EPISODE YOU’LL LEARN:
- 01:08 - Why the interest rate is putting a price on time.
- 14:50 - Why John Law is the most extraordinary person in the history of finance.
- 19:00 - The history of the first experiment of easy money by a central bank.
- 35:36 - Why “2% return” has caused the issues we currently see and have caused multiple other booms and busts throughout time.
- 39:42 - What the natural level of interest rates are.
- 43:46 - Why irresponsible monetary policy has an impact on creative destruction and, in turn, productivity and wage growth.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Edward Chancellor’s book, The Price of Time – Read reviews of this book.
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