ZIRP
In a land of low interest rates,
Where money hardly circulates,
Zero is the number we embrace,
To help the economy find its pace.
ZIRP, they call it, a policy unique,
To stimulate growth, it's what they seek,
With rates so low, borrowing's a breeze,
Investing and spending, with much ease.
Japan and the U.S., they've seen it before,
When the economy needed a little more,
From 2008 to 2015, and once again,
In 2020, when COVID-19 began.
But ZIRP has its challenges, it's true,
Slow growth and deflation, they can ensue,
Deleverage, too, can be a concern,
As the economy tries to turn.
So let's learn about ZIRP, my dear friends,
How it helps the economy on the mend,
With low interest rates, we'll strive and thrive,
And keep our economy alive.
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