The owners of money get to decide when they are paid and how much, if they prefer these low interest rates, then why would you care? It's not like it matters.
When interest rates are negative, you are basically in the sandbox part of a developed society. You already have everything, everything you do afterwards is as pointless as existence and the universe. Who cares? Artists don't care.
You know what interest rates also do? Higher interest rates punish longevity as future income is discounted, meanwhile lower interest rates promote longevity as future income is no longer discounted.
It's the opposite. Once there is less incentive to rush to completion, interest rates go down. If you are about to starve tomorrow, you must rush, interest rates are high because you are willing to borrow for food. If you have enough food to last a year, you won't borrow, you would prefer that it lasted 5 years instead.
When interest rates are negative, you are basically in the sandbox part of a developed society. You already have everything, everything you do afterwards is as pointless as existence and the universe. Who cares? Artists don't care.
You know what interest rates also do? Higher interest rates punish longevity as future income is discounted, meanwhile lower interest rates promote longevity as future income is no longer discounted.
It's the opposite. Once there is less incentive to rush to completion, interest rates go down. If you are about to starve tomorrow, you must rush, interest rates are high because you are willing to borrow for food. If you have enough food to last a year, you won't borrow, you would prefer that it lasted 5 years instead.