[larrys]

Parent: "shouldn't supply and demand equilibrate things to drive down the price of capital?"

You: "Interest rates are absurdly low."

Interest rates are low because of government policy.

[Retric]

Interest rates globally have been dropping for a long time. Not that long ago powerful people looked at 20% annual interest rates for capital projects as low.

[HeyLaughingBoy]

Yup. I remember the early 90's when my money market funds actually returned worthwhile rates. These days I may as well put my cash under the mattress.

[larrys]

I think my first home mortgage was something like 16%. But healthcare (best plan go anywhere do anything) was only $65/m for an individual and gas was below $1. Business credit was pretty expensive to be sure.