Yes, I agree that the rates should be higher, if the goal is to work longer term within the current system. But those kind of high rates would mean letting the banks fail and it would mean going through a chaotic period in the real economy. I believe that it is not the goal of the patriots.
I believe that we are experiencing a balancing act where the goal is to weaken the dollar and let the gold (and silver) price go up. The fiat system weakens at same time, draining power from the central banks and their ”elite” cronies. That will eventually set up an opportunity to transfer to a sound money system and get rid of the fed. Then it’s time for free-market interest rates. That is my hopeful scenario.
But the interest rates aren't high.
They should be 5-8% for a healthy economy.
Did you think they should be at .5% ??
This will hurt everyone that has a savings account and will cause hyper inflation.
Go look at interest rates during Reagans Presidency.
When he started it was 20% and when he left they were 10%.
How many people complained about the 1980's being a time that sucked?
Yes, I agree that the rates should be higher, if the goal is to work longer term within the current system. But those kind of high rates would mean letting the banks fail and it would mean going through a chaotic period in the real economy. I believe that it is not the goal of the patriots.
I believe that we are experiencing a balancing act where the goal is to weaken the dollar and let the gold (and silver) price go up. The fiat system weakens at same time, draining power from the central banks and their ”elite” cronies. That will eventually set up an opportunity to transfer to a sound money system and get rid of the fed. Then it’s time for free-market interest rates. That is my hopeful scenario.
You may be correct. Trump team should know how to deal with this balancing act of rising gold and silver prices to backing a future currency.