The Goldilocks Era: Economic Paradoxes and Shifts

This chapter examines the 'Goldilocks era' in economics, characterized by low inflation and a strong job market, while questioning why workers have less bargaining power despite low unemployment. It analyzes the psychological effects of inflation expectations and the evolution of Bitcoin from a rebellious asset to mainstream acceptance. Ultimately, it explores the end of this era as persistent inflation challenges previous economic norms, prompting a critical response from the Federal Reserve.