247. Can Interest Rates Fall to Zero on the Free Market
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247. Can Interest Rates Fall to Zero on the Free Market
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Dr. Saifedean Ammous discusses the history of interest lending and the economic explanations for it, culminating in the Austrian time preference theory of interest rates, which he uses to propose an original explanation of how interest rates can naturally be eliminated in a free market with hard money. Presented at Professor Hans-Hermann Hoppe's Property and Freedom Society conference in September 2024.
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