by Summary:
If you are attached to the monetarist view or any single variable form of analysis, you will subject yourself to suffering and losses.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
If you are attached to the monetarist view or any single variable form of analysis, you will subject yourself to suffering and losses.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| If you are attached to the monetarist view or any single variable form of analysis, you will subject yourself to suffering and losses. |
I like it how the classic zombie minetarist action can wipe out your account for years. Awwww those poor zombies just like taking your money, don't they?
Hmm…didn't happen to me. Actually, the opposite.
Great stuff Mike, thanks for your common sense, understanding of how our fiat system works , keep it up please, we need you out there.
TV commentators were arguing for rate hikes for 10 years.
Zombie Friday
Great work this week as always! Looking forward to Monday mornings MMT Report!
❤👁
Mike I like your channel and I agree with most that you say. But that Buddha stuff is NOT for us westeners to understand.
Example: Are you willing to give away all of your money? Because attachment is a source of all suffering? Meaning to say
that way if reasoning is NOT for us. I don't suffer because I am "attached" to something. And then: "ALL" suffering? Come on.
So basically your position is, Mike, I like you when you tell me things I want to hear; things I find useful to me, and which match my thoughts, beliefs, emotions and what I deem practical. Anything outside that realm is not useful to me and also not in accordance with the societal, spiritual or scientific norms that I subscribe to. Frankly, this is very limiting if I may say so. You definitely have frailties and insecurities based on your attachments, whether you want to admit that or not. You want outcomes in your investments or trading that suit you, and when those outcomes (which are essentially attachments) are not achieved, you experience emotion, which may lead to poor decisions and even worse outcomes. Why don't you try opening your mind a little and stop being so critical and narrow minded? It may do you a lot of good. I've been in this business a lot longer than you. I've been a floor trader on 4 exchanges. I have managed money for one of the biggest hedge funds. I ran a proprietary trading desk for a major international bank. And despite all that experience, the one thing I can tell you was THE FACTOR of whether I have had success or failure was my mind. Eastern philosophy may not jibe with Western values, and the West has certainly given the world many great things, but it has also given depression, despair, heartache, divorce, inequality, suicide and more. My advice to you is, strive to become a little more enlightened.