This is true. Low interest only helps if someone is buying up assets using cheaper credit or if companies are accessing cheaper credit for expansion, production

This is true. Low interest only helps if someone is buying up assets using cheaper credit or if companies are accessing cheaper credit for expansion, production etc. It does not help the people who are saving up in the bank. The common person is forced to move their money to riskier and riskier financial instruments putting more and more money into the equity market - which again benefits companies and puts more money into the pockets of the rich. If not equity, the ordinary person could try and buy assets such as houses which will become marginally cheaper - but risk going into even greater debt.