The Attention Economy(media and enertainment sector - gaming/movies/tv/streaming/sports/news/music and social media) needs a Central Bank. Peoples attention behaves similar to how currency works. And the system currently behaves as if Attention is not scarce and has no upper limits. So chaos is the natural state.

Very similar to how markets worked before central banks emerged. So someone, say a King, would over print cash for whatever random shit his self important 3 inch chimp brain came up with, like War. But at the market place there was nothing to signal random ppl now had more cash in their pocket. How much cash they had in their pocket got decoupled from any work they actually did. So strange things would start happening in the market - prices would jump, factories and farms couldnt produces at the same rate cash was printed, banks would lend too much, people would blame each other or outsiders because no one had info about how much cash was being printed and a mechanism to adjust its supply. Bankruns, asset bubbles, market crashes were the norm. Who looked rich had more to do with how close they were to the money printer.

Weird long explanation about currency, but no detail on what ‘attention economy needs a central bank’ even means in practice. Sounds like an empty LinkedIn slogan.