#1319
Mentioned in 30 episodes

The Price of Time

The Real Story of Interest
Book • 2022
In 'The Price of Time', Edward Chancellor delves into the history of interest from ancient Mesopotamia to the present day, highlighting its crucial role in determining how capital is allocated and priced.

The book discusses the concept of interest as the 'price of time', its various forms and justifications throughout history, and its impact on economic activities.

Chancellor argues that low interest rates, particularly those following the 2008 financial crisis, have led to economic instability, asset price bubbles, reduced productivity growth, and increased inequality.

The book is praised for its engaging narrative, rich in anecdotes and historical insights, making it accessible and informative for both economic historians and general readers.

Mentioned by

Mentioned in 30 episodes

Mentioned by
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Howard Marks
when quoting John Mills's comment about panics revealing previously destroyed capital.
290 snips
Cockroaches in the Coal Mine
Recommended by
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Terry Smith
as a serious investment book to include on a reading list.
189 snips
#55 The Pugilist - Terry Smith on Quality, Valuation & Long‑Term Compounding
Mentioned by
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Michael Simanovsky
as an excellent book, next on his reading list.
184 snips
Michael Simanovsky - A Platform Approach to Real Estate - [Invest Like the Best, EP.344]
Mentioned by
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Grant Williams
as Eddie Chancellor's most recent book where he wrote about the history of interest rates.
74 snips
The Hundred Year Pivot Ep. 7 – Edward Chancellor
Mentioned as
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Edward Chancellor
's most recent book which took him six years to write.
74 snips
The Last Bubble? Finding Value in a World on Fire | Jeremy Grantham & Edward Chancellor
Recommended by Stanley Druckenmiller, mentioned by
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Anthony Pompliano
as a well-written history of interest rates.
57 snips
Why Bitcoin Is A Once-in-a Millennium Opportunity | Mel Mattison
Recommended by
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Anthony Pompliano
as an excellent historical view of how we got to where we are today regarding interest rates.
54 snips
Is the Fed About to Trigger the Next Bitcoin Boom? | Anthony & John Pompliano
Mentioned by
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Ben Shapiro
as a great book all about interest rates that suggests that artificially low interest rates are damaging.
42 snips
Ep. 2264 - Democratic Party BLEEDING Voters!
Mentioned by
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Ryan Sean Adams
as a study of interest rates, complementing "Devil Take the Hindmost."
38 snips
171 - What Causes Bubbles? with Edward Chancellor - "The Price of Time"
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Stig Brodersen
as the book being discussed in the interview.
34 snips
TIP505: The Price of Time w/ Edward Chancellor

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