>Why? There are people on both sides of the interest-rate trade, so any change in rates creates winners and losers. Higher rates aren't inherently "better" than

>Why? There are people on both sides of the interest-rate trade, so any change in rates creates winners and losers. Higher rates aren't inherently "better" than lower rates. I didn't say they were inherently better. I said that it was the policy that led to all of these stupid investments being funded. When debt is cheap (and right now it is absurdly cheap) it leads to yield chasing behavior by investors. That leads them to funnel money into often ridiculous investments, triggering bubbles where people get funded ridiculous amounts to mail pet food or open a social networking site for cats. Hence : bubbles everywhere. >I'm young and have a mortgage and car payment. I save up for things before buying them. Oh, the main reason I can't afford to do that and buy a house is because of low interest rates. >Why should I pay more to subsidize the Baby Boomer's retirement funds? It's really depressing how easy it was for elite propagandists to get millenials to blame their own grandmas for the sins of the 0.1%. It wouldn't even be as bad if they weren't open about their intentions to divide and conquer these voting blocs.