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1 sat \ 1 reply \ @mf OP 4 May 2022 \ parent \ on: Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation bitcoin
At least enough to transfer more wealth.
S&P would have to drop by 20% to get back to pre-pandemic levels, which even that would be complete chaos, I think in 2020, 18% of public companies were zombies pretty sure that's even higher now
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