this post was submitted on 14 Sep 2023
686 points (98.4% liked)

Technology

60123 readers
4921 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
686
Unity’s new “per-install” pricing enrages the game development community (arstechnica.com)
submitted 1 year ago by [email protected] to c/technology
83 comments fedilink hide all child comments
 

Fees of up to $0.20 per install threaten to upend large chunks of the industry.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 1 year ago (1 children)

I've read that this started with easy loan money drying up after the First Republic collapse.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

Easy money ending too quickly caused the First Republic collapse. Not the other way around. The Fed did a half a decade of rate hikes in a year.

Feb '22 rates were 0.08% by Feb '23 they were 4.57%. A 5700% increase in 12 months. First Republic collapsed on May '23.

An aggressive but responsible rate increase of 0.25% per quarter would have taken only 4 years to implement but would likely have led to zero bank failures.