Edward Chancellor on the Real Story of Interest
Masters in Business
00:00
Investing in a Negative Yielding Instrument
You're buying a negative yielding instrument. How is that any different than buying an NFT? Well, I mean, you've got credit of the government. But look at what happened in the guilds market recently. In the UK quite recently. And if you wanted income, you had to buy equity. So there is a sort of really a story for our times of pension funds induced to because of low interest rates and because that may, you know, affected the present value of their liability.
Play episode from 53:16
Transcript
