ZIRP = Zero Interest Rate Phenomenon Ie something that can happen when it's cheap and easy to spend someone else's money. Post-ZIRP is something that happens

ZIRP = Zero Interest Rate Phenomenon Ie something that can happen when it's cheap and easy to spend someone else's money. Post-ZIRP is something that happens when money is tight and you have to tighten the belt, make things more efficient, do more with less.