Consumer Credit Is Expanding Even While the Fed Pushes up Interest Rates | Kevin Vanelswyk

Consumer Credit Is Expanding Even While the Fed Pushes up Interest Rates | Kevin Vanelswyk

Mises Institute

As the economy slowly deteriorates, consumer debt rises. In the meantime, the Fed is pushing up interest rates to deal with the inflation it caused. This does not end well.

Narrated by Millian Quinteros.

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