Lyric discussion by skiwi 

For what it's worth, my interpretation is it's similar to what Michael Stipe wrote in 'What's the Frequency Kenneth' in the line 'irony was the shackles of youth'. The irony being that when you're young you're so certain you know everything as if you're old & wise and when you're older you are less certain as if you're actually young and don't know much, more circumspect and aware things can be shades of grey. So it's the irony in 'I was so much older then I'm younger than that now', that's it's all ass(arse) about face. Older wiser is being freed from the shackles

Great to hear from other passionate Dylan fans out there.

In the play "Give'Em Hell, Harry," James Whitmore as Harry Truman bewails the way college kid "seem to think they know it all." He says he tries to tell them that "it's what you learn after you know it all that really counts." I think that's what Dylan was saying in this song.

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