4 ms·
Full title: "Big Tech is borrowing like never before and the Fed just made that a lot more expensive"
by dgellow 5mo ago
Full title: "Big Tech is borrowing like never before and the Fed just made that a lot more expensive"
- zahlman 5mo agoWhich is strange, because they did not in fact implement a big (or any) increase in the federal funds rate. I also notice the article is "tagged" as if its title had been split on lowercase 's'es: > Big tech i > borrowing like never before and the fed ju > T made that a lot more expen This level of attention to detail does not exactly inspire confidence.
- iwontberude 5mo agoAnd they are expanding money supply like crazy and not too long ago ended quantitative tightening.
- dgellow 5mo agoYeah, that does look pretty low quality and doesn’t really make sense. However from what I understand it is expected for rates to increase by end of the year