
SLP296 Saifedean Ammous - The Biggest Fiat Malinvestment
Stephan Livera Podcast
00:00
Interust Rates Have Been Declining for All Human History
Interustrates have been declining basically for all human history. And then look at the twentieth century, and you can see that it's reversed. We're constantly lowering our interustrate because we're saving more. But i don't think intrstrates now are an accurate reflection of time preference,. Because they're essentially a centrally planned market signal.
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