Michael Gartnett, Bank of America Merrill Lynch, argues that the current levels of interest rates in the US are as low as in the past, not much is not enough, 5000 years - on the materials Amarkets.
Current US Federal Reserve interest rate vs. rates in previous historical periods, from ancient Mesopotamia (3000 years ago)
Key periods in the history of humanity, and interest rates:
Babylon (1772 BC): 20%.
The Persian battle (King Cyrus conquered Babylon), 539 BCE .: 40%.
Greece (Temple Delos), 500 BCE .: 10% of
Rome (12 tables), 443 BCE .: 8.33%
Athens / Rome. War, 300-200 years BC .: 8%
Rome under Diocletian, the year 300 BC .: 15% of
the Byzantine Empire under Constantine, the year 325 BC .: 12.5%
Byzantine Empire, Giustinian, 528 years BC. e .: 8%
Italian city in 1150 BC .: 20%
Venice, 1430-s BC .: 20%
Venice (Da Vinci wrote "Last Supper"), 1490s: 6.25%
The Netherlands, beginning 8 year-old war, 1570s: 8.13%
England, 1700s: 9.92%
America. Anex West Florida, 1810s: 7.64%
World War II, 1940: 1.85%
America, the Reagan Administration, 1980: 15.84%
FED no raises in September, leaving it on the same level as in 2015: 0-0.25 %.