1.Inflation. Money is worth less now that we printed so much more. Same reason why you see companies raising a lot at crazy high valuations. Nobody wants to keep cash because at some point the price of everything will catch up. Stock, house, crypto going up can be explained as that. 40% of dollars have been printed in the last 12 months. People trust businesses, houses and even crazy cryptocurrency with no real basis more than their government not printing infinite money.
2. People had a taste of remote work freedom. That's an extra bargaining cheap when negotiating.
People mental health went to the bin after being locked up for so long and they either:
- had enough of their company
- had enough of their job at all
Hopefully it will translate to more small business entrepreneurship. We definitely need those given that the pandemic favoured incredibly big businesses (unsurprisingly)
2. People had a taste of remote work freedom. That's an extra bargaining cheap when negotiating.
People mental health went to the bin after being locked up for so long and they either: - had enough of their company - had enough of their job at all
Hopefully it will translate to more small business entrepreneurship. We definitely need those given that the pandemic favoured incredibly big businesses (unsurprisingly)