Due to central banks' active response to high inflation, rising interest rates have become the hottest topic in economics right now. They present a major shift from the last decade of cheap money and everyone - investors, banks, government, and most importantly normal people - would have to adjust to this new age of high rates. This is why IMC has invited Latchezar Bogdanov, chief economist at the Institute for Market Economics, to shed light on this current phenomenon from all sorts of angles.