Why Fed interest rate hikes won’t hurt economic growth

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Art Laffer, a former economic adviser to President Ronald Reagan, reacts to the GDP growth of 4.2 percent in the second quarter, and whether discusses whether Federal Reserve interest rate hikes could derail potential growth.
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Rising interest rates will mean the savings of everyone, especially seniors, will finally start producing decent returns after more than a decade of zero interest rates.

AccordionJoe
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I wish Trump and Ron Paul had a good working relationship.

mrsparex
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I agree BUT rising the rate so quickly always create disorders and crisis. Here a new bank world crisis somewhere in the world!

djdjef
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America soon become like Zimbabwe, when govt print huge moneys to buy own stock and people have so much moneys...

mosindestolo
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