
BYOB Book Review Part 4 | The Problem in Becoming Your Own Banker by Nelson Nash
The Wealth Without Wall Street Podcast
The Importance of Interest Rates
The Federal Reserve has dropped interest rates since the year 2000, trying to get this economy going. Most people don't realize what's going on there is that we not only have been printing money, but more money creates more money in the marketplace. By doing that, it's forcing us to spend and not save because whenever you have low interest rates, they're trying to stimulate the economy.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.