3 ms·

Because zirp was over

• ajkjk 3y ago
  What is zirp?
  • jdougan 3y ago
    Zero Interest Rate Policy. Describes the US Federal Reserve interest rates for much of the last 20 years or so. Since interest rate to borrow is near zero, investing in very marginal businesses can be profitable.
    • ajkjk 3y ago
      Oh right. I just didn't know the acronym (and for some reason felt like asking instead of looking it up. Weird.)
  • steveBK123 3y ago
    The end of ZIRP is the reason tech has suddenly found religion on actually needing to make a profit...