Re:Tech Unicorns Are Going Public at Near-Record Pace
by toomuchtodo on Wednesday December 19, 2018 @04:05PM
(#18719602)
Sidenote: If you buy one of Dalio's books (Big Debt Crises or Principles) before the end of the year, Dalio will send you a $25 gift card to use towards a charity of your choice.
You can find it here: https://www.principles.com/big-debt-crises/
The short of it is interest rates are a tool used by the Fed to attempt to control the rate at which people and institutions take on debt. Too much debt = recession. Too little debt = recession. I'm greatly oversimplifying here but Ray does a fantastic job explaining things. If anyone wants to dig in deep I highly, highly recommend you read this book.