Podcast
Modern Wisdom
It was mentioned as a favorite book and it was said to use inflation to predict global crises every 250 years, which can be predicted by three variables: income inequality, decline in average wages, and competition for elite jobs.
One of my favorite books ever is The Great Wave by David Hackett Fisher. And he uses inflation to predict this. You can look at inflation rates to predict when these crises happen.
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Episode: #832 - Rudyard Lynch - Is This The Most Absurd Tim...
It was mentioned as a favorite book and it was said to use inflation to predict global crises every 250 years, which can be predicted by three variables: income inequality, decline in average wages, and competition for elite jobs.
One of my favorite books ever is The Great Wave by David Hackett Fisher. And he uses inflation to predict this. You can look at inflation rates to predict when these crises happen.
But the three variables are income inequality, decline in average wages, and competition for elite jobs. These three variables can predict when societies have revolutions to the years they take place in.