"Credit is Like a Bridge" - Economic Solutions Part2

22.03.2009
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

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