Yes, free money or near zero interest rate is the only available solution to many of current economic ills of high unemployment and income disparity.
Cheap money makes rich poorer and poor richer as they can afford better things at lower prices. It forces hoarders of cash to find productive use for their capital by using the only other available resource, human capital.
Cheap money makes rich poorer and poor richer as they can afford better things at lower prices. It forces hoarders of cash to find productive use for their capital by using the only other available resource, human capital.
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