Sunday , November 24 2024

Myth Watch

Summary:
Picked up two more mythology employment incidents here yesterday:Here from the Carillo article down-thread: The Dangerous Myth of 'Taxpayer Money'  For over 40 years, Republicans have controlled the conventional wisdom around budgets, successfully using the “taxpayer money” myth... Here from Brian R's article down-thread: ...essentially the same thing as Quantitative Easing (QE), which has had no measurable effect on any macro variables in places like Japan. (There is certainly a feverish mythology about QE in some corners of the markets,... This method of the employment of more of the figurative continues apace to continuing no real effect...

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Picked up two more mythology employment incidents here yesterday:

Here from the Carillo article down-thread:

The Dangerous Myth of 'Taxpayer Money' 
For over 40 years, Republicans have controlled the conventional wisdom around budgets, successfully using the “taxpayer money” myth...

Here from Brian R's article down-thread:

...essentially the same thing as Quantitative Easing (QE), which has had no measurable effect on any macro variables in places like Japan. (There is certainly a feverish mythology about QE in some corners of the markets,...

This method of the employment of more of the figurative continues apace to continuing no real effect...

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.

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