Well, it's wildly oversimplified, but there aren't any actual glaring errors in it. Planet Money did a pretty good episode [1] wherein they looked at what effec

Well, it's wildly oversimplified, but there aren't any actual glaring errors in it. Planet Money did a pretty good episode [1] wherein they looked at what effect chronically low interest rates actually have. It's a good primer in what exactly is happening, and why capital which, in theory, should be available to American consumers...isn't. [1]: http://www.npr.org/blogs/money/2014/01/31/268350791/episode-514-how-bernanke-set-off-tomato-protests-in-brazil http://www.npr.org/blogs/money/2014/01/31/268350791/episode-...