30 sats \ 1 reply \ @Undisciplined 4 Nov \ on: Does the Fed’s Lowering the Interest Rates Strengthen Economic Growth? econ
The purpose is to keep the massive transfer of wealth from normal people to the ruling class going.
Of course, this is all Wall Street and banksters owning the Federal Reserve Bank. However, there is also huge effects in the general economy with all the misperception of returns due to interest rates being artificially and arbitrarily set.
The natural interest rate is the summation of all the consumers, investors and entrepreneurs time preference rate, whether high or low.
Everything else is just bogus.
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