RT @DavidSacks: When the Fed spiked interest rates from ~0 to ~5% over the past year, it had 3 main effects: 1. Undercut value of bonds, especially long-dated bonds. 2. Made lending more expensive, particularly for large purchases like real estate that have to be financed. 3. Increased… https://t.co/2lPjMfjLEX

RT @DavidSacks: When the Fed spiked interest rates from ~0 to ~5% over the past year, it had 3 main effects: 1. Undercut value of bonds, especially long-dated bonds. 2. Made lending more expensive, particularly for large purchases like real estate that have to be financed. 3. Increased… https://t.co/2lPjMfjLEX

— MasterFeeds (@MasterFeed) Mar 29, 2023

From @MasterFeed

March 29, 2023 at 07:29PM
via MasterFeeds