Why the Fed's Interest Rate Hike Will Make YOU PAY

“This is an unprecedented situation,” financial expert Carol Roth tells Glenn as the Federal Reserve raises interest rates for the first time in 3 years. While interest rates are still historically low, she explains, “we’ve just been addicted to this easy money for so long, I’m not sure how we get out of it.” But there’s an even bigger problem on the horizon: “By keeping down interest rates, the Fed has basically given the government a free pass to just spend and spend.” And that means that even a tiny increase in interest rates on our national debt would create MASSIVE bills for the American people. So, Carol gives her advice on how Americans and businesses should prepare. WATCH more Glenn Beck: https://www.youtube.com/watch?v=Hr6tpx_mGI8

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