How the world changes with interest rates

Great episode from the David McWilliams podcast. On how rising interest rates have pushed us into a different world, back into reality, so to speak, because «when the interest rate is zero, the price of money is zero, and thus everything is priced wrongly.»

From Weekly Filet #417, in November 2022.

💔 Some older links might be broken — that's the state of the web, sadly. If you find one, ping me.

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