this post was submitted on 21 Sep 2024
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Programming

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The really interesting part is IMO this one:

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[–] pdxfed 11 points 1 week ago* (last edited 1 week ago)

The good news is, with the fed lowering interest rates the cycle of ~~speculation~~ investment will pick right up in a year or two where it left off for a whole 30 months of higher interest. I can't believe they're dropping it so soon, but we can't have unsustainable businesses held to account can we? Better to destroy savers and fixed income elderly.