People an Interest Rate to incentivize them to save. And the reason to do that is that if there is a downturn like a covert then theres plenty of state stuff theres plenty of capital in your capital system to smooth it out but if you debase the currency and you Interest Rates are 0 and theres no incentive to say therefore theres no capital then you dont have to apples them anymore you have a tough talker see run by Central Banks and the worse it gets the more they pay themselves and of course low Interest Rates re the crisis worse because low Interest Rates drained the economy by all capital and without it you will at the 1st. Encounter with a pandemic like cove it you all have an existential threat and maybe or maybe not the us survives its up its an open question whether or not the Monetary System survives is what is being called into question and here they are doing the equivalent of oops my bad even though the report has been warning about this for years they could have listened to
Yes. Im intrigued. At a starbucks or something. One person with a clipboard and one person looking hopeful. It reminded me of the best answer to the question we all get at the end of the interview, right . The interviewer says to you, so, do you have any questions for me . And you cant say no because then you look uninformed. You dont look curious. So the head of facebooks Hr Department asks this of Cheryl Sandberg of facebook. What is your biggest challenge and how can i help you fix it . Wow. Thats a good one. Yes, it is. Have you ever faced that sort of a question. Any awkward questions . I know it has been a long time since youve had a job interview. Ive been here for a while. Lean forward and look them in the eye. Right. It is so important. The physical presentation of im eager and im here and i have researched your company. Im the person that you want. Thats what you want them to walk away from the job. Have you ever asked for the job. Incompetent hope you hire me. No. That was a