Federal Reserve hasn't raised the interbank lending rate yet. So speculation over values 60 year domination schemes over actual consumer value vs cost now.

As long as you give banks artificially cheap loans with money printed on demand, the bubble can keep going and they can fund R&D we will regret later. Regret it because it doesn't need to satisfy a customer or use only a reasonable amount of resources. It just has to attract investors with the promise that it will attract investors with the promise that it will attract investors. It doesn't need a customer when you've messed with interest rates.

Your econ class only told you lowering interest rates increases jobs in the short term. It didn't tell you why. It adds jobs doing less strictly productive things. Long term all economies tend to the same employment level anyway. And long term lowered interest rates tend a market toward bullshit. We get more work but less consumer satisfaction. That's really to say the cost of living goes up with respect to an hour of work. And you have to compete as a consumer for resources with firms that have access to infinite cheap money.