TikTok's CoreCore and the Federal Reserve

financial nihilism and slower rate hikes

I published a piece with New York Magazine on the 6 things that the Fed has to pay attention to - and how tough their balancing act is right now.

Corecore: Videos about the Void

There is a trend on TikTok called corecore. It takes from other trends like goblincore and cottagecore and pokes an ironic stick into the middle. Corecore is a reflection of the Internet on the Internet. It’s is a compilation of a lot of other videos like clips from movies such as Good Will Hunting or Inception or the Joker, from podcast interviews or news segments, from other TikToks - all stitched together to convey a deeper underlying message.

A message against Internet culture. A message against capitalism. A message about income inequality. For the good videos, the message is meant to evoke some sort of feeling. It’s similar to Dadadism in the post World War I era. The only response to an absurd world is to make absurd things.

The younger generation has grown up in a strange world. For many of them (myself i…