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What’s the Right Level of Interest Rates For the Economy?

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17 October 2026 - 00:14
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Edward Chancellor’s The Price of Time provides a wonderful explanation of the importance of interest rates in a functioning economic system. Interest rates help determine how we value money today versus money in the future. Interest rates shape how businesses and households think about saving, investing, borrowing and taking on risk. Chancellor does a better job than I could at explaining why rates are so important ...

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