He should have lowered interest rates many times. Europe lowered their rate 10 times. We lowered ours none. We should be at 1%. Instead, we're paying 4%. And if you look at what that means, that's over a trillion dollars in interest that we have to pay. That with the striking of a pen, we would be saving more than 1 trillion dollars. The interviewee explicitly criticizes the Fed for not lowering interest rates and suggests that rates should be much lower, implying a forecast of falling yields.