That's nonsense. There's no objectively healthy inflationary rate. Low interest rates are the key factor in driving demand for borrowing. Low interest rates si

That's nonsense. There's no objectively healthy inflationary rate. Low interest rates are the key factor in driving demand for borrowing. Low interest rates signal a healthy supply of savings from which to borrow. So, low interest rates naturally match a large supply to a healthy demand. Such a scenario would create a market for investment-led expansion. High interest rates signal the opposite. Either the supply of available savings is insufficient, or relative demand is high enough to drive out uncompetitive demands for savings.