Today’s Negative Rates Are the Path to Poverty

Murray Rothbard wrote, “The rate of interest is the price of ‘time.’” It’s safe to say the world’s central banks have manipulated and mispriced what time is worth.

Original Article: “Today’s Negative Rates Are the Path to Poverty”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 

Powered by WPeMatico