For every borrower there is a "saver" on the other side. Any yes they are more wealthy generally. Raising interest rates is welfare for the rich. Nonetheless it

For every borrower there is a "saver" on the other side. Any yes they are more wealthy generally. Raising interest rates is welfare for the rich. Nonetheless its allot of deficit spending into the economy which is stimulative especially considering the very high amounts of government debt instruments out there relative to GDP. You can find stats on line. Whatever stats you find will show a 4X increase. Thats allot of risk free money.