'This time is different' is an asynchronous sampler

In the monetary cycle, they do perform one function, initial conditions.  We have an impulsde, somewhere in humanity, to look for religious openings, like jumpng into a market before you have the goods.  Then it is fill in theory later.

We will be doing that every 15 years, so the TTID crowd will have a better story and a better initial price. Millennials will be known in history for having done a safe half Nixon. It will become economic law, Mankiw will have to write the theory of a Half-Nixon.

TTID sets price, samplers do that iinitially. Then the aliasing set in as other groups correct the initial price.  We can do that for 15 years, then have a contract renewal.