The US Fed raising interest rates faster than expected is driving the crypto crash, tech layoffs, and more, as companies value "money now" over long-term bets (Matthew Yglesias/Slow Boring)


Matthew Yglesias / Slow Boring:

The US Fed raising interest rates faster than expected is driving the crypto crash, tech layoffs, and more, as companies value “money now” over long-term bets  —  Higher interest rates drive the Bitcoin crash, tech layoffs, and everything else

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