Zero/negative interest rates drive capital misallocation. You are spewing MMT dogma. This is why we have zombie companies like IBM chortling around. There is a

Zero/negative interest rates drive capital misallocation. You are spewing MMT dogma. This is why we have zombie companies like IBM chortling around. There is asset price inflation for the things we want to buy. Stonks. Real estate in desirable places. If you examine the 500 most commonly bought household goods, inflation is tracking ~10%+ in major metro areas in the US. This is before covid.