
Why Crypto Is Plummeting with @George Gammon
Fresh&Fit Podcast
00:00
What Happens if Interest Rates Go Up?
The government is in the position of having about 10 or 12 trillion dollars worth of debt. If interest rates go up, then they don't have the money to pay you back so they've got to borrow more money just to pay the people back. And if they do that at a higher interest rate, then that makes the debt burden even harder to handle. The economy is very fragile and susceptible to higher interest rates. Inches broter losing their minds right now. At six %, sound the alarm. It's ot to help. Gy o like it.
Transcript
Play full episode