Risk of a new age of financial repression is rising

Financial repression risks are increasing as the strategy of pushing US government bonds onto investors gains traction. Simultaneously, the appeal of computer science degrees is declining. While CS degrees grew by nearly 500% between 2008 and 2024, the underemployment rate for graduates has reached 19% according to the Federal Reserve Bank of New York. Recent layoffs at Amazon, Meta, and Microsoft further diminish the field's stability, leading some to question if math is the new CS degree.