I think the author hit the nail on the head when they said that increasing interest rates creates deflation in private sector but accelerates gov deficit... Tha

I think the author hit the nail on the head when they said that increasing interest rates creates deflation in private sector but accelerates gov deficit... That would result in stronger gov influence over economy and lower efficiency. Gov essentially kills off private sector this way as it creates an uneven playing field for companies who receive direct gov money/contracts and those which don't.