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It's easier to learn from history if we look beyond our own short lives.
by pyb 3y ago
It's easier to learn from history if we look beyond our own short lives.
- margalabargala 3y agoI agree the past has a lot to teach us. I just disagree with the characterization of current interest rates as "not very high" when higher interest rates happened so long ago nearly half of us weren't alive. It's important to contextualize when we use the past as a learning tool. For example, this article is thinking about how low interest rates affected the tech sector. When interest rates were much higher than they are now, the internet did not yet exist.