Toot

Written by Cory Doctorow on 2023-11-20 at 17:01

Economists tell us that the market can remain irrational longer than we can remain solvent, but how long can economists remain irrational? Judging from the inflation scare we just lived through, the answer appears to be "longer than you can remain solvent."

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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/11/20/bloodletting/#inflated-ego

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