I've had it up to here with bad faith rhetoric from liberals since this started. I have had a very bad day/year. I'm fuckin diving into storm front and earning my ban.

    • Wheaties [comrade/them]
      ·
      edit-2
      2 years ago

      For nearly a decade, interest from the US Federal Reserve was 0%. So banks (and I think hedge-funds...?) could take out a no interest loan from the FR, then turn around and loan that same money to people with interest. As best I understand it, this is how a lot of those no-profit tech companies, like Netflix and Uber, were able to meet expenses. Banks and investors had the liquidity to throw around, and did so with reckless abandon.