In fact, real (inflation-adjusted) interest rates are hovering around zero throughout much of the world, and have been for more than five years. This is especially true for government borrowing, but corporate interest rates, too, are at record lows.
事实上，全球大部分地区真实（经通胀调整的）利率在零水平徘徊已经超过五年。这对于借钱的政府来说尤其如此，但公司利率也处于创纪录的低位。