Thursday , March 28 2024

More Myth

Summary:
Here we go again with the employment of mythology; from Bill's part 2 Tom posted down-thread: If the reader finds all this perplexing, it is because for the past forty or so years policymakers and mainstream economists and commentators have peddled a series of false myths about how modern monetary systems work.... To be clear, politicians and central bankers know full well how the system works. Uh.. no...lol... they don't know full well how the system works; that is why they are making the reification errors all the time in the first place.... hellloooo...What is the deal with all of this mythology from all these dialectic people all the time???? hard to understand...Employment of mythology is not going to work; if what you are doing is trying to teach/correct the other people which

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Wie Identitätspolitik die Demokratie gefährdet 

Robert Vienneau writes Perverse Switch Point For Austrian Economics

Lars Pålsson Syll writes What’s the use of economics?

Michael Hudson writes China in Charts


Here we go again with the employment of mythology; from Bill's part 2 Tom posted down-thread:

If the reader finds all this perplexing, it is because for the past forty or so years policymakers and mainstream economists and commentators have peddled a series of false myths about how modern monetary systems work....
To be clear, politicians and central bankers know full well how the system works.

Uh.. no...lol... they don't know full well how the system works; that is why they are making the reification errors all the time in the first place.... hellloooo...

What is the deal with all of this mythology from all these dialectic people all the time???? hard to understand...

Employment of mythology is not going to work; if what you are doing is trying to teach/correct the other people which maybe is not the goal I guess... well that is my goal anyway..

Try doing it without resorting to employment of even more figurative language; or you're as bad as they are and are never going to get anywhere..

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *