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Don't worry, when ZIRP returns, they'll be a day 1 company again. People mistook ZIRP for genius for 25 years.
by onlyrealcuzzo 1y ago
Don't worry, when ZIRP returns, they'll be a day 1 company again.
People mistook ZIRP for genius for 25 years.
- lotsofpulp 1y agoThis is a little exaggerated, considering ZIRP was 2009 to 2022, 13 years, and came well after Amazon had established its trajectory. And they did kind of successfully roll out a global logistics network, at a time when no one thought anyone could compete with Walmart. And they became leaders in the cloud computing space. These aren't trivial accomplishments solely enabled by ZIRP.
- onlyrealcuzzo 1y agoThe Yen Carry trade financed US VC since 1999, thanks to ZIRP from the BOJ. Not Ironic at all that Dot Com immediately followed.