Thursday , November 21 2024
Home / Mike Norman Economics / It’s counterintuitive?

It’s counterintuitive?

Summary:
You just have to take a moment and look at how stupid these people really are…In any ratio, how can a reduction in the denominator that increases said ratio be “counter intuitive!”?These moron people literally think that an increase in a denominator increases a ratio…  this is like when you are trying to teach kids fractions and their first inclination is that 1/8th is larger than 1/4th because they see the 8 and the 4 and know that 8 > 4…  This is applied 8th grade algebra… no Calculus even required.. how did all of these uneducated people get into these positions?In their cognitive reification they are probably thinking it’s “counterintuitive!” because at the same time  “there is less money to lend out!” …  like “8 is greater than 4!”….  🤔It’s Counter Intuitive but QT can free up

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

New Economics Foundation writes Building hope

New Economics Foundation writes Are oil and gas workers the coalminers of our generation?

Mike Norman writes Tariffs As A Fiscal Tool? — Brian Romanchuk

John Quiggin writes Trump’s dictatorship is a fait accompli

You just have to take a moment and look at how stupid these people really are…

In any ratio, how can a reduction in the denominator that increases said ratio be “counter intuitive!”?

These moron people literally think that an increase in a denominator increases a ratio…  this is like when you are trying to teach kids fractions and their first inclination is that 1/8th is larger than 1/4th because they see the 8 and the 4 and know that 8 > 4…  

This is applied 8th grade algebra… no Calculus even required.. how did all of these uneducated people get into these positions?

In their cognitive reification they are probably thinking it’s “counterintuitive!” because at the same time  “there is less money to lend out!” …  like “8 is greater than 4!”….  🤔





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Your email address will not be published.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 *