Topic: Zimbabwe Inflation

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The Greatest Depression
Episode 62 1:25:16 - 1:28:28

62: The Greatest Depression

Interest Rates, Inflation, Banking Protection

The Federal Reserve has lowered interest rates to near zero, a move explained as a mechanism to protect banks rather than consumers. The discussion covers how inflation allows debtors to pay back loans with "cheap" money, which ultimately devalues the assets of lenders. The hosts warn that significant inflation is inevitable given the massive amount of money being printed for bailouts.