Date: 2022/09/12
Media of every sort is spreading the message that we are in a period of uncertain economic times. Interest rates are rising, asset values are falling, precious metal prices are not performing as expected and the value of digital currencies is in free fall. Add that to political instability in Eastern Europe, never-ending supply constraints and Twitter taking a turn for the unknow, and the evidence to support that we have entered a period of great uncertainty is ubiquitous. At the heart of this anxiety of uncertainty is that it is new or that we are in an economic and political environment like never before. This is just not true. In fact, it is our arrogance and self-importantness that allows us to make such bold statements. Furthermore, populations accross the developed world are aging. Our most respected and looked to masters of markets and industries are aging. With age comes increasing conservatism and fear. We turn to these great minds for guidance and prognosis and our fears and anxieties are reaffirmed. The sky is falling like it's never falled before. Or is it?
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