Thread

1. tokioyoyo · 1790821191 · focus · HN ↗

   My knowledge of new-gen-econ is pretty subpar, but isn't the strategy of US "don't dare to bet against us, we're writing new rules of the game"? It feels like all governments are acknowledging "letting it rip will suck for everyone, so why would we even bother". Normal monetary policy has been thrown out of the window, and every large state bank has stated it very openly throughout the wars that have started in this decade. And this leads to a lot of state-level financial backdoor discussions, deals and "stuff" that I'm not knowledgeable enough to even think about.

   Wild times. Maybe it's information overload, since it probably happened in the past as well. But being bombarded with implications of these changes left and right is kinda weird.

   1. tokioyoyo · 1790821691 · focus · HN ↗

      I'll comment under my own post about "why i think this is happening" - it's the fact that the average age of the population in the world is higher than it has ever been, especially in richer countries. Just like the "housing theory of everything" posts that circulated around some time ago, I think that is the core reason why so many illogical decisions are being thrown around.

      I don't have deep knowledge, other than a bunch of "pattern matchings" I've done throughout my readings, but as people get older, on average, their wants/needs change over time. Older people, especially as they get closer to retirement age, have more free time as well. Implicitly, these desires eventually bubble up into economic/political action, that's more or less unprecedented. It would be very cool to research this more in depth, but unfortunately i'm in the wrong field.

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