In this 5min segment I explain why ARTIFICIALLY LOWER interest rates restrict economic prosperity.
The Federal Reserve thinks it is stimulating the economy by selling money at .50% to banks and lenders.
In reality, the only rate that promotes a healthy economy is the interest rate that private lenders would negotiate between themselves in a laissez-faire free market transaction.
- CarlD
Great video but intro was way too long, almost didn't watch
zplz 2 years ago