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This is basically the tweet of the decade. Younger GenX/older millennials are the low interest rate generation. Everything we think is true is suspect in a higher interest rate world.
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what if you discovered that your whole personality depended on low interest rates
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This is the monetarist explanation of premium mediocre. I’m like 40% low interest rate pm generation. I do recall Ancient Times before 2022 when I got 3-4% on US bank deposits. Uber and other lifestyle apps are obviously part of it. Is Twitter as well?
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I also wonder if I’d have been a gig economy type in a high interest rate world. It disproportionately boosted new economy where I’m unemployable and slowed down old economy where I was probably once employable
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