How much money are we talking about? In the US alone, this interest rate repression impacts nearly $40 trillion. This includes savings products, Treasury securities, municipal bonds, and high-grade corporate debt. $40 Trillion with a T. A 2% reduction across the board cuts this income by $800 billion a year. And this has had an impact.
https://wolfstreet.com/2019/07/31/the-giant-sucking-sound-of-financial-repression/
