Thursday 18 April 2019

Global Simultaneous Inflation and Deflation

David Quintieri's "The Money GPS" on the weird phenomena that show up when insiders manipulate markets and figures and don't explain what they are doing or why. The end result is that US$50 is not worth US$50.


And the other side of the coin is this:


The basis of macro economics of free markets is that agents maximize the utility of money based on perfect information. So if you yourself, as a part of some unidentified group, have better information than most, then you can partition economic information into one or more parts, and then you can figure out ways to play these distinct populations of economic agents off against each other, and because you have a greater context in which to interpret the data, you can predict how they will behave and systematically profit from the resulting completely senseless economic activity they engage in. So it's "Heads: I win, tails: you lose." And all we need to figure out now is who are you, and who am I? 

Here's an interesting little video on "Shadow Banking", ...


... but we don't call it shadow banking because of the Stirling effect:


Look what I just saw when I looked at this post:

Aristotle on opportunism:
It is clear, then, that there are two kinds of good fortune—one divine, owing to which the fortunate man’s success is thought to be due to the aid of God, and this is the man who is successful in accordance with his impulse, while the other is he who succeeds against his impulse. Both persons are irrational. The former kind is more continuous good fortune, the latter is not continuous.
Aristotle. Eudemian Ethics. VIII.2

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