2 ms·
> You realize […] I realize that the two manias were forms of speculation, and that getting overly excited about things seems to just be a thing humans tend to
by throw0101d 2y ago
> You realize […]
I realize that the two manias were forms of speculation, and that getting overly excited about things seems to just be a thing humans tend to do.
* https://en.wikipedia.org/wiki/Technological_Revolutions_and_Financial_Capital https://en.wikipedia.org/wiki/Technological_Revolutions_and_...
- lurking15 2y ago> that getting overly excited about things seems to just be a thing humans tend to do human nature is to avoid discipline when they're comfortable and set the stage for a bubble & contraction, exactly what happens with artificially low interest rates and speculations like the manias you brought up