Although high interest rates can discourage loans and "free-wheeling" spending, they encourage thrift, savings and investment. This protects people's money against the erosion of the dollar and allows them to purchase the far fewer things of true value and enrichment. Although this may appear as "slower economic growth" or even a "shrinking economy", it represents a healthy simplification of the economy, and leaves more room for the existence of vital industry, which depends on this savings and investment to succeed. "Economic growth" has always been a high priority, yet when taking into consideration all of the possible things that could represent this "growth", this term is so vague as to be almost meaningless on its own. What do we really want the economy to look like?
It is far better to have one meaningful factory or shop, than to have what amounts to clutter, which takes up more land, raises property values and takes away from the possibility for such a shop to ever exist or succeed.
One of most obvious examples of this clutter is the presence of two Starbucks stores, not only in the same city, but on the very same street, at the same corner, on opposite sides of the road from each other. This particular situation has so far been noted in Houston, Texas, and Milwaukie, Wisconsin.

www.donaldjtrump.com