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by Rinzler89 728 days ago
>and are just holding until the free money starts pouring in again.

What guarantee is there that "free money" will come back again?

Wasn't the last free money printer run something like a first time in history, and supposed to be only a temporary measure that went on for far too long leading to inflation and assets spiraling out of control creating various speculative bubbles like crypto, Gamestop fiasco, housing, and dozens to hundreds of crappy overhyped "start-ups" adn food delivery apps, that were never able to be very profitable on their own but still grew like crazy thanks to that free money and gullible investors to stay afloat, leading to an artificial over demand of SW devs which also crashed with them.

Seeing all it lead to, do we even want/need it to come back again? And "But this time will be different" doesn't scan for me as a believable answer since we all know it'll definitely be the same.

1 comments

The free money printer was running for a solid 20 years or so.
Wasn't that post-2009?
started in 2002