TIP505: The Price of Time w/ Edward Chancellor

<p><strong>IN THIS EPISODE YOU’LL LEARN:</strong></p><ul><li>01:08 - Why the interest rate is putting a price on time.</li><li>14:50 - Why John Law is the most extraordinary person in the history of finance.</li><li>19:00 - The history of the first experiment of easy money by a central bank.</li><li>35:36 - Why “2% return” has caused the issues we currently see and have caused multiple other booms and busts throughout time.</li><li>39:42 - What the natural level of interest rates are.</li><li>43:46 - Why irresponsible monetary policy has an impact on creative destruction and, in turn, productivity and wage growth.</li></ul><p><br></p><p><em>Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Edward Chancellor’s book, The Price of Time – <a href="https://www.amazon.com/Price-Time-Real-Story-Interest/dp/0802160069?crid=2ID48QZ0QZBHI&amp;keywords=prince+of+time+edward+chancellor&amp;qid=1671031927&amp;sprefix=The+Prince+of+Time+Edward+Chancellor%2Caps%2C297&amp;sr=8-1&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=a52f02c2fc4f1c571ad8c11d7a5422ff&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>Read reviews of this book</strong></a>.</li><li>Check the authenticity of any quote on <a href="https://quoteinvestigator.com/" rel="noopener noreferrer" target="_blank"><strong>Quote Investigator</strong></a>.</li></ul><p><br></p><p><strong>NEW TO THE SHOW?</strong></p><ul><li>Check out our&nbsp;<a href="https://www.theinvestorspodcast.com/we-study-billionaires-starter-packs/" rel="noopener noreferrer" target="_blank"><strong>We Study Billionaires Starter Packs</strong></a>.</li><li>Browse through all our episodes (complete with transcripts)<strong>&nbsp;</strong><a href="https://www.theinvestorspodcast.com/we-study-billionaires/" rel="noopener noreferrer" target="_blank"><strong>here</strong></a>.</li><li>Try our tool for picking stock winners and managing