3 ms·
Both bubbles largely ended via Fed tightening. When inflation runs hot, the speculative sectors get damaged the most via tighter monetary policy. It just happe
by adam_arthur 4y ago
Both bubbles largely ended via Fed tightening. When inflation runs hot, the speculative sectors get damaged the most via tighter monetary policy.
It just happened to be that metaverse as a concept took off near the end of this cycle.