4min chapter

Tom Bilyeu's Impact Theory cover image

Silicon Valley Bank MELTDOWN Explained | How to PREPARE for the RECESSION | Jaspreet Singh

Tom Bilyeu's Impact Theory

CHAPTER

How Much of What's Happening Right Now?

Interest rates are a huge part because what's been happening now is the bank is trying to bring down inflation. And so when interest rates go up, that means now the investment institutions, the banks, they need a bigger rate of return. That's why we've been seeing tech stocks crash. Making more money is hard in a time where inflation is high, people don't have the ability to spend.

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