2 ms·
Automation is being over-invested in because of ZIRP. It's very easy to borrow money to invest in plant and equipment. It's very hard to borrow money just to
by jgalt212 10y ago
Automation is being over-invested in because of ZIRP. It's very easy to borrow money to invest in plant and equipment. It's very hard to borrow money just to hire more workers.
The Fed has f'd over the workers with ZIRP.