3 ms·

Zero interest rate policy means they were the same thing

• JumpCrisscross 4y ago
  > Zero interest rate policy means they were the same thing No, it doesn't, because one of these things pre-dates and was not caused by low rates. (Office Space was released when rates were half a point above where they are now [1].) [1] https://www.bankrate.com/banking/federal-reserve/history-of-federal-funds-rate/ https://www.bankrate.com/banking/federal-reserve/history-of-...
  • hammock 4y ago
    Ok what is your evidence that bullshit jobs are being structurally eliminated in a way that is unrelated to interest rate policy?