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Can you further elaborate on why monetary policy is directly related to profit margins? My understanding is that monetary policy / interest rates is controlled
by jeffreyq 3y ago
Can you further elaborate on why monetary policy is directly related to profit margins?
My understanding is that monetary policy / interest rates is controlled by the FED. When they raise rates then money is more expensive, therefore profit margins shrink, and the hiring bar has to increase.
- benreesman 3y agoI addressed at least part of this question downthread: https://news.ycombinator.com/item?id=36914919 https://news.ycombinator.com/item?id=36914919. I was 35 years old before I had the faintest idea how money works, like even a little. And the only way I learned even a little is because I lived in NYC for a bit and ended up hanging with a bunch of Street cats after work, who laugh their asses off about how clueless we all are (in that moment personified by yours truly). But you get a few G&Ts into them and they’re pretty happy to teach you Econ 101.
- jeffreyq 3y agoIncredible, thank you for taking the time to knowledge share!