Neil Howe interview

Awakening eras, crisis eras, crisis wars, generational financial crashes, as applied to historical and current events
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Tom Mazanec
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Neil Howe interview

Post by Tom Mazanec »

https://www.youtube.com/watch?v=K8Ndnpfw69w
on Wealthion
Neil Howe On The Fourth Turning: How Bad Will It Get, How Long Will It Last & What Comes Next? (PT1)
20,805 viewsPremiered 15 hours ago
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

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Tom Mazanec
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Joined: Sun Sep 21, 2008 12:13 pm

Re: Neil Howe interview

Post by Tom Mazanec »

https://www.youtube.com/watch?v=eAuGfUli0gs
Neil Howe: The Entire Power Structure Will Be Shattered During This Unfolding Fourth Turning (PT2)
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain

FS1961
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Re: Neil Howe interview

Post by FS1961 »

He is historically correct about inflation; what people dread as negative repercussions are the ones that deflation really delivers, and we are on our way there in many respects. In that sense, the pandemic has been a gift, and the reaction to climate change will be our most effective investment since WWIII. Because money cannot stop activity, the Gini coefficient is lowered in an inflationary environment, even if it is severe. Wages cannot be maintained indefinitely because riots would erupt, and hence growth mechanisms are being put in place. That is why the FED wants to inflate its way out of difficulties; they will never acknowledge it, not even under torture, but they hope in some Seventies drama. Hyperinflation occurs in a closed setting in which a country is compelled not to contact with outsiders (Germany or Venezuela for example). But enjoy the journey. Hope for some change and a roller-coaster ride from the 1970s. That will save your life. If we fail, we'll end ourselves in a Japanese drama from the 1990s, and it'll be very, really horrible.

Cool Breeze
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Re: Neil Howe interview

Post by Cool Breeze »

FS1961 wrote:
Tue Nov 02, 2021 5:10 am
He is historically correct about inflation; what people dread as negative repercussions are the ones that deflation really delivers, and we are on our way there in many respects. In that sense, the pandemic has been a gift, and the reaction to climate change will be our most effective investment since WWIII. Because money cannot stop activity, the Gini coefficient is lowered in an inflationary environment, even if it is severe. Wages cannot be maintained indefinitely because riots would erupt, and hence growth mechanisms are being put in place. That is why the FED wants to inflate its way out of difficulties; they will never acknowledge it, not even under torture, but they hope in some Seventies drama. Hyperinflation occurs in a closed setting in which a country is compelled not to contact with outsiders (Germany or Venezuela for example). But enjoy the journey. Hope for some change and a roller-coaster ride from the 1970s. That will save your life. If we fail, we'll end ourselves in a Japanese drama from the 1990s, and it'll be very, really horrible.
You are playing by their rules. If you had sound money and saving as well as virtue was incented, most of your statements would be irrelevant. I know that their rules are currently running things, but the "change" to new rules could finally destroy the elitist power structure in a good way - they are the ones that will cause the fear and pain in the attempt to do so - and are doing that precisely as we speak.

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