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urgjotonlkec t1_j4si76b wrote on January 17, 2023 at 11:17 PM

Reply to comment by wolfishlygrinning in Microsoft to cut thousands of jobs - Sky News by Familiar-Turtle

That argument gets trotted out a lot, but it doesn't actually make any sense in the current environment. Real rates are currently negative (inflation is higher than interest rates) so actually future profits are worth MORE now.