you might go broke trying to prove the market | crowd wrong.
one hedge fund guy learned this lesson i.e with herbalife.
due to money printing or whatever - certain models are no longer applicable. maybe they will be but for now are not.
It's better to be rich than right
21–30 of 35 posts
Re: It's better to be rich than right
#22Content aside, I find it sad that "journalists" don't even bother tagging their opinion articles with "Opinion" or "Editorial" any more.
The byline says "Analysis by Allison Morrow."
• analysis /əˈnæl.ə.sɪs/
the act of studying or examining something in detail,
in order to discover or understand more about it,
or your opinion and judgment after doing this
Re: It's better to be rich than right
#23Re: It's better to be rich than right
#24all because of M2 money printer, it broke how money works , process of fiat money started in 1971 but with covid printing they made last nail in the coffin. Numbers go up because they can print UNLIMITED $trillions, your work means nothing. All the Fed, CBs and invesment bankers lies to you when you ask about how printing and fiat money works. They steal real value from you, they only create certain amount of value w…
> all because of M2 money printer, it broke how money works , process of fiat money started in 1971 but with covid printing they made last nail in the coffin.
I don't think your claim is well founded or even has a rational basis. Frankly it sounds like an attempt to cram together impopular cliches.
It doesn't mattet whether you have fiat money or any type of commodity money. What matters is the monetary and economic policies in place. The gold standard didn't prevented the kind of inflation or drops in purchasing power that you're pinning on fiat or whatever scapegoat.
In addition, any type of commodity you might think of still shows huge price fluctuations. Take gold for example. Gold prices increased around 50% in the last year alone, and tanked about 20% in the last two weeks alone. Do you think that with the gold standard this would have zero impact on inflation?
> Numbers go up because they can print UNLIMITED $trillions, your work means nothing.
You're complaining about changes to the money supply. With a gold standard, you'd get the exact same benefit and consequences by the state increasing debt to fund their monetary and economic policies.
I think you're trying to vent frustration but you are failing to identify the problem.
Re: It's better to be rich than right
#25all because of M2 money printer, it broke how money works , process of fiat money started in 1971 but with covid printing they made last nail in the coffin. Numbers go up because they can print UNLIMITED $trillions, your work means nothing. All the Fed, CBs and invesment bankers lies to you when you ask about how printing and fiat money works. They steal real value from you, they only create certain amount of value w…
> all because of M2 money printer, it broke how money works , process of fiat money started in 1971 but with covid printing they made last nail in the coffin. I don't think your claim is well founded or even has a rational basis. Frankly it sounds like an attempt to cram together impopular cliches. It doesn't mattet whether you have fiat money or any type of commodity money. What matters is the monetary and economic…
I can't write long now but this one is good > https://news.ycombinator.com/item?id=45762412
Re: It's better to be rich than right
#26After looking up the author on LinkedIn, I can’t understand why her output is being discussed here.
Re: It's better to be rich than right
#27In other news: water is wet.
Re: It's better to be rich than right
#28You can't have a functioning democracy without consequences for the bad behavior of wealthy people that mask their sociopathy in mounds of legalese, financial abstraction, bought off politicians and media PR. If the law doesn't do it, then the burden fall on the shoulders of private citizens. We've demonized people for this view but I think it's heathier that we culturally normalize it and stop pretending.
Re: It's better to be rich than right
#29Earlier quoted context omitted.
Do you really need to be told that "It’s better to be rich than right" cannot be an objective fact?
> Do you really need to be told that "It’s better to be rich than right" can not be an objective fact? It's not about being told. It's about the publication's attitude towards producing impartial content.
Why should CNN not be allowed to publish analysis?
Re: It's better to be rich than right
#30Earlier quoted context omitted.
> Do you really need to be told that "It’s better to be rich than right" can not be an objective fact? It's not about being told. It's about the publication's attitude towards producing impartial content.
Why should CNN not be allowed to publish analysis?
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