monetaryvirus

5 ms·

1. 1.▲
   by monetaryvirus 6y ago

   I was referring to this part: >The rumor is that it had planned the downsizing for a while, wanted the employees to be in the office to hear about it in person, and didn’t care how much risk it had to expose the soon-to-be-ex-employees t
2. 2.▲
   by monetaryvirus 6y ago

   According to SlateStarCodex, Triplebyte (YC '15) ignored the stay-at-home warnings about the virus and had employees come in to the office to get their notice of layoffs: https://slatestarcodex.com/2020/03/19&
3. 3.▲
   by monetaryvirus 6y ago

   If there are actual, viable ventures right now, given the new conditions, then their lenders' investment probably doesn't hinge on whether the Fed is slightly more lose with credit than the ultra-loose policy it's had for the
4. 4.▲
   by monetaryvirus 6y ago

   How is that supposed to work? I can understand if this were a normal cyclical pullback, but this isn't a normal times; there is actual economic destruction wrought by a real (non-monetary) shock to supply. In order to believe this hel