Fed Meddling Leads to Major Capital Destruction

It is impossible to overstate the importance of interest. It literally built our civilization. From the voyages that discovered and colonized the New World to the industrial revolution to the large manufacturers in the 20^th century, there is one thing in common. They would have been impossible without raising capital. This capital was invested to obtain a return.

Unfortunately, the Fed has been waging a war on interest for decades, pushing it down.