Rand Paul

So in 2000, from 2000 to about 2007, the Federal Reserve kept the interest rates low.

It's like 2%.

You could get money.

It was free.

And there was this boom in houses.

And there was some dishonesty, too, in the subprime market.

But the boom kept going.

If interest rates had risen to 4% or 5%, home sales would have gone down and people would have lamented that, but you wouldn't have gotten such an enormous boom in the crash.

So the cycle of the economy going up and down is dictated by interest rates.

And you want interest rates.

You don't want high interest rates.

Nobody wants that.

But if you don't allow them to move, that sends a signal back that we're buying too many houses and we're building too many houses and we'll slow down.

If you just send the signal to keep interest rates at two, you get the boom so high up here that the crash is devastating like it was in 2010.

So in a free market, in a free world where you can choose a hemp product, you also make contracts with who you sell to.

So for me to tell you, to me it's a freedom issue.

If I tell you you can't sell your house to Blackstone, that's me limiting your choices.

Maybe Blackstone is going to give you 5% more.

I'm stealing 5% from you.

And it's not a given that it's going to be bad.