Do Low Interest Rates Help the Economy?

Larry Parks has recently interviewed Keith Weiner, the CEO of Monetary Metals and president of the US Gold Standard Institute in Phoenix, AZ. A video of the interview can be seen below.

Topics covered include:

• What isn’t the problem with the Fed and the dollar?
• Forget about the spin, what is the real purpose of the Fed?
• What does it do to labor?
• What does it do to capital?
• Effect of falling interest rates
• What does it do to the culture?
• Can’t the Fed just raise rates?
• Is there hyperinflation occurring right now, unnoticed?
• Is ZIRP helpful or detrimental for ordinary working people.
• What is the remedy for fixing our monetary system?
• What is the problem with debt never being extinguished?
• How does fiat money play out in the end?
• Explain about the marginal utility/productivity of debt in lay terms

Video Length: 00:31:40

Larry Parks interviews Keith Weiner, president of the US Gold Standard Institute in Phoenix, AZ