> But in the end it’s a monetary phenomenon
Its a psychological phenomenon. Lock people up for 2 years and they will want to go crazy when they get out.
Its the same reason why alcohol consumption is up and so is smoking for the first time in some years. Drug consumption is also up.
Appetite for debt is also up, anecdotally I have been thinking a lot recently on how being debt free causes me to leave lots of potential consumption, experiences and general quality of life on the table. All those things could be financed with debt. Never had such thoughts in the 2008-2019 decade
All sorts of violence is also having an uptick on a chart which is secularly going down.
I will go to my grave thinking that Putin would have never invaded Ukraine had he been able to host his monthly “kiss my ring” cerimonies/parties with his cronies. Instead he self isolated for 2+ years and he still mostly is.
Social isolation creates all sorts of pent up energy of all kinds