See especially points 13, 15 and 24 here.

http://www.321gold.com/editorials/thomson_s/thomson_s_051215.html

Now check this chart on the "velocity of money" to see that it has been slowing for a long time, and that higher interest rates, as suggested by this writer, may acually cause lenders to loosen the reigns, allowing not cheater, but easies money for investment and spending.

Reference: http://www.nowandfutures.com/key_stats.html

We all know that the banksters have recapitalized since the Financial Crisis and are flush with cash. They just don't have a lot of motivation to lend, especially long term with interest rates at these historical lows.

Raise the rates, and money will start cirulating again, adding jobs and expansion opportinities for business, including the metals/and mining which will be among the first to benefit from such a change, IMO.

VP