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#106 High Interest Rates
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- • History of Low Interest Rates by the Federal Reserve Bank for So Long; Why?
• 2020 Janet Yellen Comments on Historically Low Interest Rates –
• The Federal Reserve Bank Has Become Politicized
• Interest Rates Should Have Been Raised Earlier
• The Federal Reserve Bank Deserves to Have Lost Trust
• Now Interest Rates Have Moved High by the Same Federal Reserve Bank
• Higher Interest Rates Have Big Consequences
• Examples of How High Interest Rates Affect You
• Enslaved Borrowers: Climbing Interest Rates and Declining Asset Values
• CONCLUSION - So What, When, How It Affects You?
• Higher Interest Rates Can Sink the Ship
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