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bovermyer • today at 4:23 PM • 3 replies • view on HN

ZIRP? That's not an acronym I'm familiar with.


Replies

NortySpock • today at 4:28 PM

"Zero" Interest Rate Period, during the COVID pandemic, where most governments offered very cheap bonds or printed money to reduce interest rates. This caused a lot of investment as money was "cheap" for investors and needed to find a worthwhile investment in order to grow faster than inflation.

This caused a lot of money to be poured into all kinds of projects, not all of which had a positive return on investment.

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grahamedgecombe • today at 4:24 PM

Zero interest rate policy