Comments on: Counterparties: Central banks warn about central banks A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 By: Curmudgeon Tue, 26 Jun 2012 10:29:00 +0000 Re: Old versus Young, Leonhardt paints with a very broad brush that I’m not sure is correct even in the aggregate. Without references, I don’t think it’s safe to say that the old are trending conservative and the young liberal (at least socially), and so on.

The debate on where society’s resources should go is one we should be having, however. Should the old command resources based on their lifetime contributions to society, or the young as an investment in the future? Especially within the context of increasing lifespan and a changing support culture. I don’t know, though it’s unfortunate that Leonhardt believes he does. Oh, to be young and so certain about Big Questions, what a dangerous thing.