At the same time, I can't help but think higher interest rates are fundamentally good. If World A has me paying 6% interest to get a personal loan while some ri

At the same time, I can't help but think higher interest rates are fundamentally good. If World A has me paying 6% interest to get a personal loan while some rich guy with corrupt connections pays 1%; and world B has me paying 20% while the rich connected guy pays 15%, I'd be inclined to take my chances on World B, as opposed to A in which the wealthy scumbag (let's be honest, none of the guys on top are clean in this country) gets money six times cheaper (and, let's say, can buy six times more housing, on top of his already greater purchasing power). Of course, high interest rates have other problems... One of the fatal flaws of this kind of capitalism is that the only quantitative central management mechanism--lawmaking is central but qualitative, which wouldn't be a problem, except that we're in a state where the laws are written by rich people for the benefit of other rich people, so the qualitative nature of it enables willful obfuscation--is to vary the interest rate. If you lower it, you're giving connected people disproportionately more money; if you increase it, you're causing a capital strike. Either way, it's bad for the 99%.