Nassim Taleb on ZIRP: "we've had 15 years of Disneyland"

I think that we've had 15 years, 14 1/2 years of Disneyland that basically has destroyed the economic structure.  Think about it, no interest rates.  So anyone who's, say, 40 years old, has no experience in markets.  Zero.  They don't know what time value of money is.

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So that generation of people who have the wrong instinct, they have the wrong methods, those who made a lot of money during that period are basically the least fit for real markets.

~ Nassim Taleb, CNBC interview with Andrew Ross Sorkin, 0;15 and 3:00 mark, September 15, 2022