4 ms·

"years ago" seems like the wrong criticism. Today's rate is lower than the rates from December 2022-October 2025. That seems like years ago.

• lenerdenator 16d ago
  Let's say pre-COVID.
  • MarkusQ 15d ago
    That (the ZIRP period) was the anomaly; this is (historically) normal.
    • lenerdenator 14d ago
      That's my point. ZIRP never should have happened. Now we have a bunch of people who think that ZIRP was the norm. The industry's full of people who would not, and could not, have made their fortunes if they had to have gone to a bank to get another loan at 5% to make companies like Uber work. At some point, the answer would have been no, and they'd be just like every other failed business person instead of a member of the Cult of the Founder.