Disagree. Your linkages are backwards.<p>This is about <i>liquidity</i>.<p>Lower rates are a way to create liquidity (as it makes is painful to hold onto cash).<p>My take:
<a href="https:&#x2F;&#x2F;medium.com&#x2F;@alexanderbcampbell&#x2F;a-turn-in-thecapitalcycle-4fd0b6193579#.z2bwauhez" rel="nofollow">https:&#x2F;&#x2F;medium.com&#x2F;@alexanderbcampbell&#x2F;a-turn-in-thecapitalc...</a>