The face of a man who will be increasing interest rates again. | Image: Julia Nikhinson/Getty Images
You notice that flop sweat the tech industry has been in lately? Welcome to the new economic environment.
In November 2021, in response to inflation, the Fed announced it would hike interest rates. It’s not done, either — the Fed has indicated it will continue to hike until enough of us are unemployed. I’m sure the Mr. Burns-steepling-fingers style the Fed is taking is just a coin...
