Low interest rates have been the fuel behind this economy.  The banks (Fed) raising them often stalls the growth and even creates recessions and depressions.  This has been true since the inception of the Fed in 1913.  The only reason they're raising rates is because the banks are losing money.

We need to dump the Fed and let the federal government issue tender directly.  There isn't anything magical about the Fed that the government couldn't do.  And, the federal government has one in-place mechanism to collect on debt: the IRS.