But without (extremely) low interest rates government spending would have to be cut A LOT ... so who decides interest rates again? Oh wait ... Expecting an inc

But without (extremely) low interest rates government spending would have to be cut A LOT ... so who decides interest rates again? Oh wait ... Expecting an increase in rates is like expecting the government to decide it's too big (and not a little bit). Good luck with that. Even very rightist parties in Europe don't even try to make that point any more.