Interest rates were kept low to bail out wall street, banks, auto industry, housing industry, etc. It was used to reinflate stock, housing, etc bubbles. If low

Interest rates were kept low to bail out wall street, banks, auto industry, housing industry, etc. It was used to reinflate stock, housing, etc bubbles. If low interest rates boosted wages, the japanese worker would be the highest paid worker in the world. Instead, the japanese wage has declined for 20+ years.