Is this just a theory, or does it exist somewhere, because I don’t have any money right now?
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Very low interest rates make it easier for you to borrow money (get a credit card, get financing on a car, get a mortgage) and easier for businesses to borrow money and offer you a job
End of conversation
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Until the currency loses value. Then it sucks for everybody.
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Even moreso if you have less than no money.
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I feel like I would be more upset by monetary policy if I either took a lot more than one macro class or none at all.
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