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.
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.
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