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Time Preference Is the Key Driver of Interest Rates

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Tags PhilosophyCapital and Interest TheoryOther Schools of ThoughtPhilosophy and Methodology

11/29/2023Frank Shostak

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

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