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Low Interest Rates and High Taxes Won't Help against Inflation: The Economy Needs Savings and Real Investment

Audio Mises Wire

Tags Central BanksThe FedGlobal EconomyHayekInflation

08/14/2022Josh L. Ascough

Now that inflation is the highest it has been in four decades, the monetary authorities are trying one trick after another. Only ending artificially low interest rates will help.

Original Article: "Low Interest Rates and High Taxes Won't Help against Inflation: The Economy Needs Savings and Real Investment"

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Low Interest Rates and High Taxes Won't Help against Inflation: The Economy Needs Savings and Real Investment