Do Low Interest Rates Help the Economy?

Larry Parks has recently interviewed our frequent contributor 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

 

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

 

 

 

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3 Responses to “Keith Weiner Interviewed by Larry Parks”

  • PackerFan:

    How much is the value of a dollar in gold? Get yourself a very powerful microscope…could be an ionic experience…

  • therooster:

    From where I sit, the floating USD appears to be the development precursor for flexible bullion values (floating) so that gold weight (unit of account) could be monetized, maintain debt-free status , yet have fully scalable liquidity in real-time.

    In the gold-as-currency model, the USD is not a currency but a very useful measuring tool (pricing) for bullion’s use as settlement.

    There’s a first for everything, so they tell me.

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