I don't understand "money was free". I'm an employer. I need to pay salary, and those money are not free for me regardless of interest rates. Maybe on a scale o

I don't understand "money was free". I'm an employer. I need to pay salary, and those money are not free for me regardless of interest rates. Maybe on a scale of national economies you can say that, but it doesn't affect my situation at all. It would be true if I could say "hire a person for $X, it will increase our net income by $X+$x", but it doesn't work like that at all. And for me it makes sense to skip candidates from SF Bay Area altogether, there are a lot of good candidates somewhere deep in Utah-s.