The approach of negative interest rates in the US will transport us into a truly bizarro world where up is down and spending is saving. But it’s not only an economic issue – there is a moral and political corrosion of our society that comes with negative interest rates. Mises Institute President Jeff Deist joins today’s Liberty Report.
The Ron Paul Institute for Peace and Prosperity is a project of Dr. Paul’s Foundation for Rational Economics and Education (F.R.E.E.), founded in the 1970s as an educational organization. The Institute continues and expands Dr. Paul’s lifetime of public advocacy for a peaceful foreign policy and the protection of civil liberties at home. Visit http://www.ronpaulinstitute.org