Yes, AMERICA, High Interest rates cause POVERTY.
..........For everyone below the upper classes.
The Elite like higher interest, their T-Bills pay more. Their Money is Worth More.
Greenspan wants to increase the deficit, and borrowing by the Government. This sells more Treasury Bonds, at higher interest rates, to bondholders. Banksters benefit from higher interest rates, also.
From the Christian Science Monitor, 06/18/99

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