Submission to Truth is Freedom | The Twilight of Gold Series | Episode 3 (WiM137)
The "What is Money?" Show
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The Perversion of the Interest Rate Mechanism
The interest rate mechanism was created solely to try and intervene to stabilize fluctuations in the value of the currency. It worked for a little while, but then the government's like, weight, why don't we do it to keep the price of borrowing government debt low? Once they did that, an the interest me, it was, it was broken forever. And it is still broken. A thing that was created for something small, and it got turned into a world wrecking device. Yes, when it became a source of government revenue eslay, yes. The perversion of the interest rate is to this day.
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