Monday, August 5, 2013

VC firms aided by low interest rates.

 The below story shows how the Federal Reserves easy money policy, can hurt and distort the real economy.
Venture Capital is funding firms like Uber, and Lyft which are trying to play the edges of rules and regulations to turn a profit, at the expense of what is beneficial for a local society. A similar dynamic can be seen in the privatization of public education.

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