@mistermonster @DavidB @cjd I don't think I'd call interest rate manipulation "natural", although I know what you mean.
>I don't see a problem, what's wrong with interest rates going up?
It's functionally austerity, because it increases regressive economic aspects. Borrowing is slowed for everybody, but those with funds can still buy at the now reduced price. Meanwhile, purchasing power decreases but those with funds can keep up via money market, time deposit, short term bond interest payments, and further increases in wealth enabled by the economic precarity of the working and middle class.