Despite mainstream Keynesian economist consensus expecting lower rates in a recession, historical pattern shows interest rates have fallen during recessions because central banks suppress them—but today's situation is different: after decades of rate suppression, government debt has reached unsustainable levels, so central banks have lost the ability to suppress rates further
causalpending
Speaker
Alistair McLeodEvidence Quote
“the majority of us sort of Keynesian economists saying we Face a recession...that means lower interest rates no it doesn't what it has done in the past is...the central bank is suppressing the rates we're now in a situation where after Decades of suppressing rates the level of government debt has risen to astronomic levels they can't suppress the rates anymore”
Source
Alisdair Macleod: Banking Chaos - Silver Explosion Inevitable! Trainwreck Like Never Before— As Good As GoldCreated: 8/12/2026, 6:02:11 PM
My Notes
Loading notes...