Edward Chancellor on the Real Story of Interest
Masters in Business
00:00
Will Raising Rates Help Get Us Out of This Mass?
CNN's Jim Boulden says the U.S. is in a position of too much debt and not enough investment. He argues that low rates helped get us into this mass, but raising them won't fix it. The case of Iceland shows what can happen if we don't take steps to prevent future financial melt-downs," he says.
Play episode from 57:09
Transcript
