AirBnB CEO calling it “vibe revenue” just 👨🍳 😘 The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.
I once knew a Federal bank examiner, and one time someone asked him why we had to KEEP inspecting banks over and over. He basically said every new batch of business school grads invents bank fraud from first principles.
RE: https://bsky.app/profile/did:plc:776hcssquwcv2ihpptzvttxj/post/3m67uowmpxc2o