> There is an entire generation that has never traded through a crisis.
Given that most crises seem to occur roughly every 7-15 years, there will always be such a generation.
A hypothesis: the reason why crises occur roughly 7-15 years is because that is approximately the length of society's collective memory concerning monetary issues.
Given that most crises seem to occur roughly every 7-15 years, there will always be such a generation.
A hypothesis: the reason why crises occur roughly 7-15 years is because that is approximately the length of society's collective memory concerning monetary issues.