Rand Paul
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the shop owner said, no, no, no.
We're the store that doesn't have any toilet paper.
We're the store across the street that doesn't have any eggs.
But it was so common that you always knew that the stores were always missing something.
There were always shortages.
And this is the main thing about โ
prices that is so incredibly important and people don't think about it, but it's incredibly important to let prices go up and down without the government getting involved.
That's why it's a mistake.
It'll sound right, but the president wants to ban interest rates above 10% for credit cards.
Well, part of the interest rate being much higher if you're going for a same-day loan is, one, you're a much higher risk.
But also, by you having to pay 30%, it's going to teach you to be a better planner the next time because you can't keep borrowing at 30%.
But the marketplace demands the 30% is what the market will bear.
And if it was too much, then the interest rate will come down.
And no one should borrow 30%.
I mean, they should teach you in high school.
out people to plan their budget so you don't do that.
We're talking about ignorant people.
College students, they're high up on the list of ignorant people, people lacking common sense.