Starting with the theory of financial repression, this paper argues that low interest rate policy under financial repression will lead to a series of negative consequences to a country's economy.

本文从金融抑制理论入手，指出了金融抑制下低利率对一个国家经济造成的一系列后果。

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Another negative factor for the U.S. dollar remains the interest rate differential outlook or the official monetary policy rate.

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In this rare type of recession, monetary policy is useless because people with negative equity will not borrow, no matter what the interest rate.

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