> I think this is what will happen when interest rates go up and free money stops. And what happens to pension funds if interest rates go up and stay up? What

> I think this is what will happen when interest rates go up and free money stops. And what happens to pension funds if interest rates go up and stay up? What happens to government spending on debt as a percentage of tax revenues? What happens to personal debt service as a percentage of income? The modern world isn't going to work with positive REAL interest rates. So I'm skeptical they're going to stick around for more than a year without causing a bigger depression than The Great Depression.