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.
skiwion October 22, 2011 Link
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