We need to get aggregate demand back into a normal, healthy position, which it's not, billionaire and philanthropist Bill Gates says of the U.S. economy, on Fareed Zakaria GPS. “I mean, the levers we have in this economy of stimulation, you know, the financial levers – look at the size of the deficit, the monetary levers…look at interest rates."
“Those two levers are on. Totally on extreme levels that are an attempt to get people to say, wow, the hurdle rate for investments – whether it's building housing, roads or accompanying doing a new factory – those hurdle rates are lower than ever and yet this money sits on the sidelines.”
Watch the full interview on "Fareed Zakaria GPS" this Sunday at 10 a.m. and 1 p.m. ET.