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by zahlman 335 days ago
When companies were hiring like crazy, were they really not expecting interest rates to rise in the future? Just how deep was the faith in MMT that printing all that stimulus wouldn't cause inflation? Personally I was surprised it took as long as it did.
2 comments

From what I've seen so far, one company does something and the others do the same to not get left behind.

Company A hires like crazy due to Covid, then everyone else does the same because they must be on to something!

I agree, I don't know why they expected covid conditions to be the new normal.

I think the only company who didn't get on the crazy hiring bandwagon was Apple.

In my experience the higher up you get on the corporate ladder, the less you’re going to be held accountable for anything. Executives only stick around until they get bored or can cash out. Five years down the line it might as well be a totally different company.