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The layoffs are due to higher interest rates. Higher interest rates are due to higher inflation. Higher inflation is due to money printing. Money printing is du
by thegabez 4y ago
The layoffs are due to higher interest rates. Higher interest rates are due to higher inflation. Higher inflation is due to money printing. Money printing is due to covid and other central bank activities.
- logicalmonster 4y ago> Money printing is due to covid and other central bank activities. A very small nuanced clarification that you might or might not agree with, but I'd argue that it was the reaction to Covid, and not Covid itself, that led up to the issues we face now and will face for years.
- seanmcdirmid 4y agoMoney printing due to super low interest rates for 20 years now.