Generation Depression –> Generation Inflation –> Generation Bubble
December 21, 2012 at 08:43 AM EST
People form their views of politics and economics when they are young, and are given the reins of power when in their late fifties. Any thoughtful person in the 1930s could have easily predicted what would go wrong in the 1960s. The generation that grew up in the Great Depression would have a single-minded obsession [...]
