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Meb Faber, industry influencer, highlights a historical quote discussing the ongoing debate over whether higher or lower interest rates are nationally disadvantageous or beneficial.
The referenced perspective by Sir Josiah Child emphasizes that this is an ancient, widely examined topic in economic thought.
Faber has previously pointed to the longstanding focus on profit in financial markets, highlighting a quote from Napoleon Bonaparte on financiers' priorities. In another discussion, quantian noted the continued strong returns from foreign stocks despite limited investor attention. These perspectives add context to the debate over interest rates and national economic interests.