By lowering interest rates to the point people chased ever more expansive and risky investments. If all your competition is getting free money you as a busines

By lowering interest rates to the point people chased ever more expansive and risky investments. If all your competition is getting free money you as a business must generally take it too or extinguish to your over-capitalized competition. People also have more loose money which means if you can't up your production your customers will find alternatives and your business will dry up.