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Time Preference Is the Key Driver of Interest Rates

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Published : November 29th, 2023
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Category : Editorials
24hGold - Time Preference Is t...

Forget the other mainstream explanations for interest. Time preference explains this phenomenon and gives a true picture of why interest exists in the first place.

Original Article: Time Preference Is the Key Driver of Interest Rates

Source : mises.org
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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.
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