Graph #1 |
This is 2018. It's almost ten years since the interest rate went to zero. However, after a brief intermission, interest income resumed increase in 2010:
Graph #2 |
And after falling since 2007, the cost of interest is still almost 15 percent of GDP:
Graph #3 |
The cost of interest is still about two and a half trillion dollars a year:
Graph #4 |
You want it all, don't you. You want that interest income for yourself. Yeah, me too.
The thing is, though, it creates problems for the real (non-financial) economy.
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