Interest rates are the cost to borrow money. Money isn't scarce, so its worth less, and as a result, costs less to borrow. Devalued currencies tend not to be c

Interest rates are the cost to borrow money. Money isn't scarce, so its worth less, and as a result, costs less to borrow. Devalued currencies tend not to be consistent with historical stability - they tend to arrive around the same time a society "resets".