Zero Interest Rate Policy. Encourages resource mis-allocation, which means there is less stuff we actually need to go around. We should have used fiscal polic

Zero Interest Rate Policy. Encourages resource mis-allocation, which means there is less stuff we actually need to go around. We should have used fiscal policy more aggressively to fix the Great Recession, but that would entail taking money from rich people and giving it to poor people, and we can't have that can we?