3 ms·
Of course not. The reversion to mean will probably happen as a result of a violent structural break, though, not as a gradual reversal. This means economic or
by pydry 5y ago
Of course not.
The reversion to mean will probably happen as a result of a violent structural break, though, not as a gradual reversal.
This means economic or political crisis. And, the same people who were made so fantastically rich from r > g will likely be the ones deciding what to do about it.
It's not like governments will wake up from their stupor and implement a basic income. Whatever happens (fascism, war, financial crisis), it'll likely make us wish for the good old days of right here and now.
I'm almost more afraid of the structural break than I am the inexorable rise of wealth inequality.