For the layperson (like me), here are some explanatory articles. How low interest rates can hurt competition, and the economy (<a href="https://review.chicagobooth.edu/economics/2019/article/how-low-interest-rates-can-hurt-competition-and-economy" rel="nofollow">https://review.chicagobooth.edu/economics/2019/article/how-l...</a>), Low Interest Rates, Market Power, and Productivity Growth (<a href="https://bfi.uchicago.edu/insight/research-summary/low-interest-rates-market-power-and-productivity-growth/" rel="nofollow">https://bfi.uchicago.edu/insight/research-summary/low-intere...</a>).<p>Here are some questions this conjured for me<p>1) Do you think low interest rates are the primary cause of long-term sluggish growth in the last decade or so?<p>2) What role has quantative easing had in accelerating this and should central banks stop quantative easing programmes?<p>3) Despite low growth (if the claim is true), have low interest rates been a necessary evil to avoid the 2008 Financial Crisis turning into a depression?