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by dgellow 5 hours ago
Full title: "Big Tech is borrowing like never before and the Fed just made that a lot more expensive"
1 comments

Which is strange, because they did not in fact implement a big (or any) increase in the federal funds rate.

I also notice the article is "tagged" as if its title had been split on lowercase 's'es:

> Big tech i

> borrowing like never before and the fed ju

> T made that a lot more expen

This level of attention to detail does not exactly inspire confidence.

Yeah, that does look pretty low quality and doesn’t really make sense. However from what I understand it is expected for rates to increase by end of the year
And they are expanding money supply like crazy and not too long ago ended quantitative tightening.