---
title: The Price was Wrong, Ben! A Conversation on Interest Rate History
description: Financial historian Edward Chancellor covers interest rate history, the shift in perception of interest, and why central bank digital currency might solve current low-rates rut.
---

[Insight Bridge Podcast ](https://www.feg.com/insight-bridge-podcast)

# [The Price was Wrong, Ben! A Conversation on Interest Rate History](https://www.feg.com/insight-bridge-podcast/edward-chancellor)

 Written by [FEG](https://www.feg.com/insight-bridge-podcast/author/feg) | June 2, 2023

Join FEG’s Head of Research Greg Dowling as he chats with Edward Chancellor, financial historian, financial journalist, investment strategist, former investment professional, and best-selling author of *Devil Take the Hindmost*. 

Ed talks about the relationship between low interest rates and speculation, how interest has thrived across history, and his take on the Fed’s monetary policies over the last 40 years. He also shares his thoughts on a “digital Chicago plan” as a means to rein in inflation and prevent bank runs. Make sure you tune in for this fascinating and highly educational episode!

> *“…These really are the craziest financial markets, as far as I can see in my reading of history, that have ever been witnessed.”* - [Edward Chancellor](https://www.edwardchancellor.com/)

Ed’s most recent book, *The Price of Time: The Real Story of Interest Rates* details the history of interest rates from ancient times to today, examining financial bubbles throughout history and the investor behaviors that fed them to conclude once and for all that “there is nothing new under the sun.”

[View full post](https://www.feg.com/insight-bridge-podcast/edward-chancellor)

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