From the data I've seen and read it seems like low interest rates are (politically) alluring, because of short term metrics, but will bite back via inflation and bubbles bursting very consistently.
Is there any wisdom and data that challenges or expands on this that a layman can understand?
From the data I've seen and read it seems like low interest rates are (politically) alluring, because of short term metrics, but will bite back via inflation and bubbles bursting very consistently.
Is there any wisdom and data that challenges or expands on this that a layman can understand?