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The blocmates Podcast
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The Cost of Keeping Interest Rates at 0%
When you keep interest rates at 0%, nobody invests in the, you know, the oil field that's going to make them a marginal 3% or whatever. So they buy Uber and they buy all these things that like are either going to be a 100 X or zero Or they buy shit coins. And when you don't invest in those things, eventually all this malinvestment adds up and then you can't sustain the population that you have. I think until we, I think it's a good thing that we're raising rates right now. I just don't know how long it'll stay that way.
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