Liberty and Finance
Premiered June 3, 2023
The IMF announced the Federal Reserve will need to keep interest rates high for longer to cool inflation. High interest rates are putting serious strains on the system, says Bob Moriarty, marine, naval aviator, and financial author. He believes more banks, in addition to hedge funds and insurance companies, will fail due to these stains. We’re headed towards a crisis worse than the Great Depression, he says.
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