Can you further elaborate on why monetary policy is directly related to profit margins?
My understanding is that monetary policy / interest rates is controlled by the FED. When they raise rates then money is more expensive, therefore profit margins shrink, and the hiring bar has to increase.
I was 35 years old before I had the faintest idea how money works, like even a little.
And the only way I learned even a little is because I lived in NYC for a bit and ended up hanging with a bunch of Street cats after work, who laugh their asses off about how clueless we all are (in that moment personified by yours truly).
But you get a few G&Ts into them and they’re pretty happy to teach you Econ 101.
