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The Father Of Quantitative Easing - Richard Werner | PBD Podcast | Ep. 161
PBD Podcast
The Relationship Between Interest Rates and Economic Growth
There is no empirical evidence for this So the official so what we're doing today in the states when we're increasing rates to prevent from inflation taking place That makes zero sense to do it's not gonna help it. If the real cause of inflation which is not interest rate is still in place and that is money creation for Unproductive purposes for consumption if they keep doing that and you can do that at higher rates. You can still push out the The credit creation in the banking system you will get accelerating inflation. And in fact then you'll find that the higher interest rates make certain things more expensive mortgages and whatever rents will start to move up.
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