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Given that the whole capital structure is in a state of flux right now with the reality of deflation (the exit of money from the system) while massive inflation
by jswinghammer 16y ago
Given that the whole capital structure is in a state of flux right now with the reality of deflation (the exit of money from the system) while massive inflation is going on at the same time (the creation of new money not the increase in prices) why should we expect much of anything good to come out of the next ten years?
I think that a lot of people will take their ideas and implement them on a smaller scale and grow organically instead of getting big fast. This site is filled with people doing or planning on doing just that right now. I'm not optimistic about the next ten years but I think that we'll end up leaving this decade with some rather nice companies that will really contribute something substantial to the ten years that follow this decade. I'm assuming the next ten years will be like 70s with stagflation defining our experience and mainstream economists having nothing useful to say about why it is happening.
- coliveira 16y agoI agree that the problem is that web developers don't need funding anymore. Creating a web company is not something "urgent" like it was in the 90s, and it doesn't need large amounts of capital or labor. The same way small inventors don't need huge amounts of capital, web companies will continue to appear without the need of VC money.
- borism 16y agoI think you're a bit confused about inflation vs. deflation. There's either one or the other, not both at the same time.
- jswinghammer 16y agoThe overall trend is deflation. There is a massive amount of inflation occurring though. It's just happening at a slower rate than the rate of deflation.