Jeff Bell on Corporations

Low interest rates favor big businesses over small

"It isn't profitable for them to lend to a business with a certain amount of risk with very low interest rates, so a lot of the lending that would normally set up lines of credit for small business are on the sidelines." Because small businesses are the biggest job creators, the lack of available credit hurts the labor market, he said.

Bell's proposed solution is to return the country to a gold standard, in which a large percentage of the US dollars in circulation are required to be backed by the corresponding value of gold in reserve. He believes doing so will cause interest rates to rise but provide greater long-term economic stability.