Want to create an interactive transcript for this episode?
Podcast: The Meb Faber Show - Better Investing
Episode: Edward Chancellor – Interest, Capitalism, & The Curse of Easy Money | #437
Description: Today’s guest is Edward Chancellor, financial historian, author of Devil Take the Hindmost, and previously part of GMO’s Asset Allocation team. He’s out with a new book yesterday called The Price of Time: The Real Story of Interest, which is equal parts history, financial education and philosophy.In today’s episode, Edward walks through how interest, debt and money printing are related to things we’ve seen in society today and the past few years: zombie companies, bubbles, and massive amounts of paper wealth. Then he narrows in on current day and shares why...