It's exceeding obvious, capital is cheap. The means the finance industry uses more of it. They use it for rent seeking shenanigans that wouldn't make a return i

It's exceeding obvious, capital is cheap. The means the finance industry uses more of it. They use it for rent seeking shenanigans that wouldn't make a return if it were higher priced. The problem is increased rent extraction reduces the return on economic activities that require real investment. Because the cost of labor and rents are too high to compete with aforementioned shenanigans. Simple simple simple.