The Financial Revolution Cycle is Here - Are You Prepared?
The Mark Moss Show
00:00
The Problem With the Fed Raising Rates
If the Fed raises rates, then what happens is then people don't want to hold the currency or more specifically, they'll borrow against it and cause that speculative attack. So for example, when inflation was at 9% and I could get a house loan at 3%, then I definitely wanted to do that. But the problem is that becomes a speculative attack. Now Argentina saw a similar problem with 100%. That means your money basically becomes worthless every year.
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