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TerrifiedMouse | 2 years ago

> money isn’t cheap anymore

I know nothing about economics but I wonder if it’s time to ease up on the interest rates. Inflation might not be due to too much money in the system but rather supply simply drying up as China economy circles the drain. Maybe it’s a good idea to let money be cheap again so people could quickly set up alternative non-China suppliers to relieve the supply pressure. But then again I know anything about economics so add salt as required.

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JumpCrisscross|2 years ago

The economy is hot. Money is being allocated away from the jobs that powered that last decade’s tech boom; we’re feeling that in Silicon Valley. (It doesn’t help how expensive commodity talent is in the Bay Area. Unless you’re doing AI or something tremendously collaborative, you’ve probably already built the systems that enable your team to phone in from anywhere.)

verve_rat|2 years ago

If money is being allocated away from tech, where is it going to?