[lifeisstillgood]

I think there are a few issues to unpack

1. It's nuts that all central banks globally have one lever to pull - interest rates.

2. yes the central bank sets the interest rate, but the banks choose how much to lend and to whom. I think that if interests rates are at zero, that implies (?) an infinite amount of investment opportunities - ability to grow productive capacity. And yet most loans are real estate or real estate backed (ie collateral). VC is a drop in the ocean of land based lending - and yet our entire economy is based on small amounts of land use for amazing factories and power stations

3. banks aren't doing the business of lending to those capable of productive capacity generation - and they won't cause they want safe near term returns.

VC speculative investment should not be the small corner case - it should be the norm. Industry investment should be not left to crazies willing to risk family house or wealthy with enough to spare.

create money and give it to a million startups