No one is disputing that the money supply has increased dramatically.
HN user
graphtradr
We are just so addicted in America to these platforms we just can't collectively even start to imagine how the whole world does not want the same addiction.
Ultimately, we basically wallpapered over massive deflation with money printing in 2020.
What is interesting to me given what we have done is how much inflation we still don't have. Right now, the break even inflation rates were still higher in 2008 and 2005.
Of course we were always going to have a surge in the rate of change compared to a year ago when people were are on lockdown.
Yea it is all made up. Nero was a great guy.. Come on, really?
IMO Uday Hussein is a good contemporary example of the process at work here. Give a kid absolute power and they are going to evolve crazy tastes and behavior.
What about the breadwinners half the women are saddling up to?
We have never had symmetry as humans in this area. Low status males don't get to fuck as much. That has always been the case for all human history. This is nothing new.
Yes, this is group psychology. Only individuals can really be rational. Once individuals form a psychological group, individuality is lost, rationality is lost with it and everything is controlled by the emotions of the group.
The group has no room for anything really but for the extreme emotional reactions of in-group/out-group psychology and you see this playing out in our society because of social media.
There is literally no room for nuanced discourse between individuals with the way our social media platforms are structured. Individuals will not drive engagement the way groups do.
Exactly. I am almost 50 myself. Retire and do what? Wait do die? Drink wine all day and wait to die?
There isn't much to me that is worth doing that wouldn't produce some kind of income.
Still so much I want to do yet, I don't have time for retirement.
Honestly, I think he is kind of a fraud musically.
Kind of a goofy comment IMO.
My parents are not intellectual in the least. The career advice I received from them growing up was all bad. Lucky for me I ignored them.
Now take one kid getting bad career advice and another kid getting good career advice from mom and dad.
After thousands of iterations the asymmetry is going to be huge.
Sorry that doesn't line up with the institutional victim mentality.