Part 8/9:
Discussions around generational roles also intersect with pressing economic themes. No matter the dynamics at play, historical patterns indicate that during times of crisis, governments and societies inevitably mobilize resources to stabilize and secure their populations. This mobilization, Howe explains, typically manifests through three primary strategies: taxing, borrowing, and inflating.
In this light, the macroeconomic factors influencing collective behaviors, including the rise of passive investing and individual risk-taking, reflect broader social trends. Millennials’ propensity toward community-based investment strategies mirrors their desire for a more equitable form of investment.