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Among many problems of private money, lack of a “fiscal anchor” is a most serious one.
Many People Try to Value...
@RealNatashaChe on Twitter
To that end, I do rue my prediction that the pandemic would permanently pull forward certain behaviors that were already on the increase, particularly e-commerce. This prediction wasn’t totally wrong — e-commerce is meaningfully up, but it is down from pandemic highs, and it pains me to see so many companies citing optimism about maintaining COVID highs in their layoff letters.
The Four Horsemen of the Tech Recession
stratechery.com
Action doesn’t just absorb anxiety; in an attention economy it also captures and monetizes attention. VCs call this a “growth mindset” (whatever the fuck that is). I call it an action orientation. You may be a member of a historically oppressed group. At the same time, you have more agency living in the West today than anyone in the history of the world.
Notes on Being a Man
Scott Galloway
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