[H8crilA]

Everything the Fed, the BOJ, the ECB, the SNB and what have you are doing, reducing all the rates that they can:

  - starting from short riskfree rates [all since 1981, but problems surfaced only in 2008]
  - to long riskfree rates [all since 2008]
  - to corporate default rates [ECB since 2012, the Fed since 2020]
  - and in some cases, even to equity risk premium rates [BOJ and SNB since 2008]

Also China, but China is special, and has a much more fine grip on things that goes far beyond the general rates (they can target sectors specifically, or even individual companies).

Expect more alphabet soup of pump facilities to materialize. I don't bother listing them here, it's all the same (reduce this or that rate).

[jazzyk]

Yes, but it all started in 2008 (to me, the starting point was really the 1998 government bailout of a private business - a hedge fund LTCM [1]). It was all downhill from there.

Still, not "since forever", only since 1998, or so.

1. https://en.wikipedia.org/wiki/Long-Term_Capital_Management