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0% interest rates make companies throw money at useless products looking for returns because there wasn't any better use for the money. It's been like that for
by vinyl7 4y ago
0% interest rates make companies throw money at useless products looking for returns because there wasn't any better use for the money. It's been like that for 5+ years, but this whole NFT/Bitcoin/Metaverse/AI meme series is the peak.
Here's to hoping that these higher interest rates make companies make actually useful and profitable products instead of a bunch of meme products.