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flooding the system and the people will pay half the taxd fg rate. you do benefited most. they started buying thirdre wasa houses and flying privata e. low but there was also a problem. that you didn t hear a lot if about with low interest rates. if interest rates were at zero, how do you get meaningful returns on your money?th veryhis was a problem that virtually every investor faced for more than a decade, very much including the banks. at some point, investors became tempted to make very retuy bets. if they wanted to producrne returns, they had to , as they say on wall street, tina, there is no option. bets banks mad one of the risky bets thatg p banks made was loading up on long term treasury bondsfo from the u.s. government as a they surrogate for cash , though, of course, bondferents, not cash , they re different from cash we re now learning, but that worked fine.terestd low. once interest rates ros as long as interest rates remained low. but once interest rates ros a

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