645 sats \ 0 replies \ @falsefaucet 14 Dec 2023 \ on: Wrong? Early? I’m Not Sure econ
i think just as we know bitcoin is inevitable, so is the end of the current system.
to pretend to know when and/or how either happens, is naive imo
'we overestimate in the short-term and underestimate in the long run'
i remember being at work, boss often watches CNBC on a spare computer, and seeing the market rip post covid while everyone is telling you the world is falling apart, and thinking what the hell is going on. but that leads me to this thought.
i think its important to talk about what is the barometer. How do you measure 'not that bad' its so hard, everything is relative to each individuals situation.
also iirc isnt a big thing, when the debt needs to be refinanced at these higher rates.