An Economy of One – September 7, 2016

Hour 1: Negative interest rates have the opposite effect governments intend; Why don’t we borrow when interest rates are so low? Banks don’t lend because: 1. Regulators don’t want them to lend to anyone but the federal government & 2. Banks don’t have the reserves; Commander Kirk Lippold (USN Ret.) on Iran.  Hour 2: NFL…