EP. 029 - Should Trump Push Interest Rates Lower?

During the Christmas season, it’s natural to think about joy, generosity, and prosperity. But it’s also a moment to reflect on restraint, discipline, and the long-term health of our economy. In this episode of Modern Age, Dan McCarthy examines President Trump’s plan to lower interest rates and appoint a Federal Reserve chair who would pursue easier credit. While lower rates can give the economy a short-term boost, they also carry serious risks including inflation, reckless investment, and lo...