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The Nature of Interest

  • Audio Mises Daily
May 7, 2010

Tags Money and BanksCapital and Interest TheoryMonetary TheoryValue and Exchange

Men are always forced to choose between satisfaction in nearer and remoter periods of the future. We cannot even think of a world in which originary interest would not exist as an element in every action, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.

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