Quote Originally Posted by Gandalf View Post
I am going to side with Kirk on this one. I agree with him on a fair bit of economic stuff no matter how low the interest rates might be which is propping up the ape society.
Interest rates in all the major East African Plains Ape economies are low for a reason. It's a function of supply and demand. There's a gigantic supply of money and subdued demand for it. There are a small number of Plains Apes at the top of the tree who have all the money while the vast majority of Plains Apes are struggling to make a living. The vast majority are not therefore able to spend more money on an ongoing basis resulting in subdued demand for products and services. Subdued demand means businesses don't have to borrow to invest in plant, equipment and the rest of it to supply new demand. No demand for money and a huge supply of it looking for a home means a borrowers market. Borrowers can offer to pay really low levels of interest and they'll still find somebody willing to lend them money. In some cases lenders will actually pay borrowers to borrow their money, such is the paucity of investment opportunities in our deformed economies:

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