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Just passing this along....Investing in gold is political...
mariner67
Posts: 2,746 ✭✭✭
Seems Paul Krugman today writes that our political beliefs are biasing our investment decisions.
Is this wrong? I think not!
Many factors go into investment decisions and the current poor state of politics/our national/world course certainly should be a major if not THE major factor shaping our actions.
He seems to suggest our political views are damaging our investment decisions.
http://p.nytimes.com/email/re?location=InCMR7g4BCKC2wiZPkcVUr7bcRDqavMF&user_id=773d39c03fa782023c2655d0aa8b6cc7&email_type=eta&task_id=1365788765774450
Again, don't know how to link, sorry.
Is this wrong? I think not!
Many factors go into investment decisions and the current poor state of politics/our national/world course certainly should be a major if not THE major factor shaping our actions.
He seems to suggest our political views are damaging our investment decisions.
http://p.nytimes.com/email/re?location=InCMR7g4BCKC2wiZPkcVUr7bcRDqavMF&user_id=773d39c03fa782023c2655d0aa8b6cc7&email_type=eta&task_id=1365788765774450
Again, don't know how to link, sorry.
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I think many would be better off reading the back of the Kleenex Box while sitting on the toilet than reading K-man. They would learn more.
Paul Krugman is about the most politically motivated economist I can think of.
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong