Achieve Quote by Michael Spence

Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the…

— Max Keiser

A lower interest rate doesn't make a debt go away.

— Dave Ramsey

For too long, our nation has relied on low interest rates rather than undertaking the necessary long term necessary economic reforms.

— Priti Patel

True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to…

— Ludwig von Mises

High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is,…

— Linda McQuaig

Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and…

— Ben Bernanke

We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt…

— Paul Krugman

Logically, it may be argued that banks could indeed lower interest rates and make up their profits through larger borrowing volumes. But banks, in…

— Sucheta Dalal

It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic…

— Jerry A. Webman

Income is sucked upward to the creditors, who then foreclose on the assets of debtors. This shrinks tax revenue, forcing public budgets into deficit.…

— Michael Hudson

Negative interest rates hurt banks' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.

— Joseph Stiglitz

I do think that all economies need a sense of fiscal discipline especially over the midterm and if you are in the middle of…

— Stephen Harper