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People keep saying it’s pandemic over hiring, but it should be called ZIRP hiring. With the cost of money almost 4x what it used to be, companies have to delive
by toomuchtodo 9mo ago
People keep saying it’s pandemic over hiring, but it should be called ZIRP hiring. With the cost of money almost 4x what it used to be, companies have to deliver now, not just coast on promises of growth and success that may never materialize. Have to sing for that supper.
https://paulgraham.com/startuplessons.html https://paulgraham.com/startuplessons.html
- garbawarb 9mo agoI miss those days. It may have been economically silly but there was so much optimism, especially in the tech world.
- AbstractH24 9mo agoNow we're just economically silly without optimism (except for one pocket of the tech world).
- rvz 9mo agoThat is called a bubble. Now some here are about to experience a repeat of the years 2000 and 2008 put together.
- SilverElfin 9mo agoOptimism without the ZIRP bubble is the 1990s
- nxm 9mo agoPre-paid optimism that we've been paying for now with high inflation due to overstimulated economy through printed money.