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by ajkjk 995 days ago
What is zirp?
2 comments
jdougan 995 days ago
Zero Interest Rate Policy. Describes the US Federal Reserve interest rates for much of the last 20 years or so. Since interest rate to borrow is near zero, investing in very marginal businesses can be profitable.
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ajkjk 994 days ago
Oh right. I just didn't know the acronym (and for some reason felt like asking instead of looking it up. Weird.)
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steveBK123 995 days ago
The end of ZIRP is the reason tech has suddenly found religion on actually needing to make a profit...
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