Guest
Edward Chancellor, distinguished investor, financial historian, and author, joins Forward Guidance to discuss his latest book “The Price of Time: The Real Story of Interest.” Chancellor shares with host Jack Farley and Joseph Wang (“Fed Guy”) how artificially low interest rates can distort markets and foment bubbles. “The Price of Time”: ____ Follow Edward Chancellor on Twitter Follow Joseph Wang on Twitter Follow Jack Farley on Twitter Follow Forward Guidance on Twitter Follow Blockworks on Twitter Joseph Wang’s YouTube channel: @Fedguy12/featured Joseph Wang’s writings can be found at ____ Use code GUIDANCE20 to get 20% off Permissionless 2023 in Austin: Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research ____ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: ____ Timecodes: 00:00 Introduction 00:39 How Ultra-Low Interest Rates Cause Asset Bubbles 11:11 The History Of The Gold Standard 19:02 Deflation Isn't Always Bad 30:15 Negative Interest Rates Are A Tax On Capital 37:25 Low-Rates Boost Venture Capital and Private Equity 45:35 I'm Fairly Dubious About Cryptos 46:52 Unicorns and Zombies 54:28 Elite Overproduction 57:47 How High Can Interest Rates Go? ____ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
