I'd like to know more about ZIRP - Zero Interest Rate Policy. Given it is effectively the de rigueur in both the USA and UK and looks like where we may be going in Australia, it's going to do a lot of damage. At the small end where self funded retirees who can now no longer live off their investment interest. But especially to the big end where banks and insurance companies etc move into even more off balance sheet items like REPOs/repurchase arrangements and leveraging arrangements of over 30 times their assets. I watched that Ann Bernhardt video the other day, all 2 hours of it and she made a big deal on repurchase arrangements, and I keep seeing people reference 'ZIRP' here on SS. Not much comes up in the Search function for ZIRP. Does anyone have any good references, either written or on Youtube?