I thought this would be bad. The start with security stuff isn't my vibe. But then I kept reading it and the storytelling kept me. The econ stuff, parallels, etc.
It ended up capturing perfectly a bunch of ideas I've been having for a few months now. ZIRP was toxic. It made us bad and lazy. Identifying the phenomenons and explaining their mechanisms has been a useful exercise.
I think this post will stay in my brain for a long while. I'm at this point in life and this resonates a lot. I want to build useful stuff with intrinsic value and I'm sick of the BS that exulted in the last decade. In my own way I'm trying to start ventures, so it's a good motivating call.
It ended up capturing perfectly a bunch of ideas I've been having for a few months now. ZIRP was toxic. It made us bad and lazy. Identifying the phenomenons and explaining their mechanisms has been a useful exercise.
I think this post will stay in my brain for a long while. I'm at this point in life and this resonates a lot. I want to build useful stuff with intrinsic value and I'm sick of the BS that exulted in the last decade. In my own way I'm trying to start ventures, so it's a good motivating call.
Slow start but damn solid article.