Fringe Theorists: Rising Rates Fueling, Not Slowing US Economy

Theory Higher interest rates are boosting the US economy rather than slowing it down
Reasons Higher rates provide income for consumers and companies to spend; exploding government debt means higher interest payments
Supporters Fringe economists, some Wall Street investors like David Einhorn, retirees spending more
Counterarguments Most economists still believe higher rates slow growth; delinquencies rising
Impact Those with fixed rate mortgages shielded from pain; retirees benefiting from disposable income to spend