They don't need super-high interest rates to lock in their returns. They need investment predictability, and can make up the difference with scale and global a

They don't need super-high interest rates to lock in their returns. They need investment predictability, and can make up the difference with scale and global arbitrage. From the other perspective, if your wages don’t rise, and your debts are there and your debts — particularly the student debts — are guaranteed by God himself that you can never default on them — you’re a debt peon.