Zero Interest Rate Policy. Describes the US Federal Reserve interest rates for m... | Hacker News

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jdougan 12 months ago | parent | context | favorite | on: Ways YC has changed in the last year

Zero Interest Rate Policy. Describes the US Federal Reserve interest rates for much of the last 20 years or so. Since interest rate to borrow is near zero, investing in very marginal businesses can be profitable.

ajkjk 12 months ago [–]

Oh right. I just didn't know the acronym (and for some reason felt like asking instead of looking it up. Weird.)

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