Below I discuss the problems in our banking system with GoldMoney’s Alasdair Macleo, stating that the current zero-interest rate policy being pursued by the Federal Reserve (often referred to as “ZIRP”) is masking problems with banks, but not solving them. I point out the basic truth that money-lending institutions make money off of interest, and that as long as rates remain artificially suppressed, this will constrain lenders’ profits. This is an issue all over the world — something that makes investing in this sector tricky. We argue that the European situation is particularly fraught, on account of their being “too many chiefs and not enough Indians... See the original interview posting on Gold is Money [3].