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Was it bad Google leadership? Or capitalist excesses? I don't believe we even live in capitalism. We live in Creditism. It is obvious tech was the beneficiary o
by justinzollars 4y ago
Was it bad Google leadership? Or capitalist excesses? I don't believe we even live in capitalism. We live in Creditism. It is obvious tech was the beneficiary of easy money, zero interest rates and expanded monetary supply. Its no coincidence as the Fed, raises rates and tries to simultaneously drain liquidity there will be less investment in tech, and pressure on income. If you are looking for someone to blame - blame the Fed. But as we see easy money is at the expense of causing inflation.
To turn this around a bit, Maybe you are being greedy? Perhaps you really want easy money - on the backs of the poor and middle class - to subsidize our industry?