> Ever lower rates starve the middle class and retiring class, and only serve to create asset bubbles. <
Very true. But when rates are low, governments can borrow more, and put off the day when they must go bankrupt. I suspect this is at least part of the motivation for keeping rates low.
Right, unfortunately.
One thing that could help or at least put off the day of reckoning is to get banks to lower the interest charged on credit cards, it seems to me.
Why that is not even talked about (even by the socialist Dems) is a mystery to me.