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The most important question addressed in this book is whether a capitalist economy can function properly without market-determined interest.
Edward Chancellor • The Price of Time: The Real Story of Interest
It should never be forgotten that, in its most basic form, investing is always and everywhere about price and value.
Edward Chancellor • Capital Returns
The argument of this book is that interest is required to direct the allocation of capital, and that without interest it becomes impossible to value investments. As
Edward Chancellor • The Price of Time: The Real Story of Interest
Edward Chancellor’s book Capital Returns helped
Gautam Baid • The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
There is nothing so unstable as a stabilized price level. James Grant, 2014
Edward Chancellor • The Price of Time: The Real Story of Interest
In our view, their intrinsic valuation is so uncertain that owning the shares is pure speculation.
Edward Chancellor • Capital Returns
traditional view that charging for loans was inherently unjust.
Edward Chancellor • The Price of Time: The Real Story of Interest
When it comes to investment analysis, looking for relevant historical parallels (e.g., comparing the US real estate boom of the 2000s to the Japanese real estate market in the 1980s)
Edward Chancellor • Capital Returns
