And other rich people are the one's loaning their money out for practically nothing. It's good for active investors (which is why it's done), but it's bad for l

And other rich people are the one's loaning their money out for practically nothing. It's good for active investors (which is why it's done), but it's bad for less risky investments (bonds and other loans). And those investments carry greater risk, which is a big downside. If, for example, the unicorn bubble is real, all that cheap capital was a curse, not a benefit. For the last 8 years, it's been impossible to save money without big risk. Interest rates have been below inflation.