The advantage is much more fundamental. Given the uncertainty that you're describing, removing a constraint on our actions is ceterus paribus a good thing. Th

The advantage is much more fundamental. Given the uncertainty that you're describing, removing a constraint on our actions is ceterus paribus a good thing. The same argument could have been made during the Bush years, when rates were kept low "unnecessarily" (according to conventional thinking), and the inability to lower rates after the crash tied our hands unnecessarily.