I can scarcely think of a topic that has a higher product of ignorance multiplied by importance than the distortionary effects of easy money.

I'd say it's incumbent on those who understand it to educate their friends & family. But it can be kinda hard to break through the barrier of disinterest that this topic usually engenders.


SimpleStacker

In this review of Edward Chancellor’s The Price of Time, Joakim Book notes that a market economy cannot function correctly when central bankers manipulate interest rates.

econ

By Joakim Book
> In this review of Edward Chancellor’s The Price of Time, Joakim Book notes that a market economy cannot function correctly when central bankers manipulate interest rates.