The Tragedy of the Horizons in Terms of Discounting the Future

When inflation is rising, lose money on equities because the discount factor long bond yields goes higher. A lot of real estate is going to be stranded because of climate change. Some combination of short-term treasuries, inflation index bonds, gold and precious metals may provide your hedge against inflation or financial crisis. What would you recommend a student entering college study today? Well, any young person, men and women as to worry that his or her job eventual isGoing to be displaced by technology, AI, robotic automation. Not just routine jobs, there used to be blue color, increasingly even white color. Cognitive jobs can be sliced into different tasks. Now we have transformers and chat G