The Theory Of Interest And Prices

Keith Weiner
March 31, 2021

What do a famous broken bridge and Jimi Hendrix have in common with monetary effects on consumer prices? Short answer: a dynamic system & positive feedback.

Monetary Metals CEO Keith Weiner recently presented at the Austrian Economics Research Conference 2021, discussing his upcoming paper, "The Theory of Interest and Prices", which focuses on the monetary effects on consumer prices.

In this video, Weiner reveals why the interest rate is the most important price in our economy.  He also explains the fundamental confusionbetween monetary & non-monetary effects on consumer prices, and the pathological, alternating cycle of prices, interest rate, and borrowing throughout the last 74 years

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Keith WeinerDr. Keith Weiner is the CEO of Monetary Metals and the president of the Gold Standard Institute USA.  Keith is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads.  Keith is a sought after speaker and regularly writes on economics.  He is an Objectivist, and has his PhD from the New Austrian School of Economics.  His website is www.monetary-metals.com.

Man has had the ability to separate silver from lead for as far back as 4000 B.C.

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