3 ms·
Zero-interest rate policy began in 2008 and ended in 2022. Bubbles can last a long time when borrowing money has been free for the VC class to throw into AI, al
by rchaud 1y ago
Zero-interest rate policy began in 2008 and ended in 2022. Bubbles can last a long time when borrowing money has been free for the VC class to throw into AI, alongside food delivery, crypto, office rentals and taxicabs under the guise of 'technology'.