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Quoth the Raven #303 - Market Crash, Crypto, Covid & The Meaning Of Life (Palisades Gold Radio Uncensored & Full Length Version)

Quoth the Raven

CHAPTER

The Effects of Rates Rising

The amount of waste and abuse that occurred with this money is off the charts, okay, off the charts. And when you think about things like that, that's what makes it difficult to understand the thinking and, you know, tracking people $600 Venmo transactions. The effects of rates rising don't take place right away; they take place in months or in quarters after they rise. Every time rates tick higher, everybody's debt gets a little bit more expensive,. which essentially just means that everybody has a little bit less discretionary income.

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