This, and the higher interest rates also mean that capital isn’t “free” anymore and so their horizons before taking profits from any given investment have to be shorter to make the same amount they used to make.
This, and the higher interest rates also mean that capital isn’t “free” anymore and so their horizons before taking profits from any given investment have to be shorter to make the same amount they used to make.
It’s still true that a deflationary economy would be a mess though. If we had deflation, the rich wouldn’t even bother investing and would literally just sit on a pile of gold like Smaug. I know trickle-down doesn’t work but an economy where nothing circulates would be hellish.
Yep! It’s free real estate.
Absolutely a good idea to focus on Lemmy’s gains. A viable competitor is up and running now, so Reddit will have to compete or perish.
And now that there is enough to infinite-scroll, that’s enough to satisfy any one user. Of course, it’s true that having more content will allow for a larger number of high quality posts and the ability to serve more niche communities, but at least there is a viable alternative for that Reddit itch now. It’s so much easier to uninstall Reddit apps than it was a month ago.
They were paid in cocoa beans… 😖