Peter Schiff: Understanding Interest Rates
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The laws of economics are universal. Many people don’t want to believe it. i.e. they want to believe that somehow their countries are unique or are disconnected from these fundamental laws, but in fact, they are not.
So, in an effort to increase your understanding of general economics, here is a video lecture by Peter Schiff explaining how interest rates work, what their impact it and how governments distort everything.
Enjoy…