It means lower interest rates at the cost of high unemployment, unless you are Germany or some other country with naturally low interest rates. Low interest rat

It means lower interest rates at the cost of high unemployment, unless you are Germany or some other country with naturally low interest rates. Low interest rates drives up asset prices and assets are owned by the wealthy. Unemployment/underemployment hurts young people the most. Governments can borrow more cheaply and can spend more money on social programs but they also tend to divert it into their own pockets and to the pockets of their backers. When the inevitable crisis hit the countries can’t devalue the debt in response, they instead have to sell national assets.