"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@Baley said:
Let's say I'm paying close attention, and an very worried. What's my move?
buy COHO
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@Baley said:
I'll buy coho a beer next time his adventure road brings him to baleyville!
What ought i to sell before it crashes, to pay for it?
Yeah, I think you did have the next round.
It's much better to worry about global events which may or may not be true and are completely beyond our control and would have zero relevance in our daily activities while enjoying a beverage made from fermented grain or fruit.
@Baley said:
I'll buy coho a beer next time his adventure road brings him to baleyville!
What ought i to sell before it crashes, to pay for it?
Yeah, I think you did have the next round.
It's much better to worry about global events which may or may not be true and are completely beyond our control and would have zero relevance in our daily activities while enjoying a beverage made from fermented grain or fruit.
I suppose one could curl up in an ever-contracted cocoon of detachment from larger events.
I certainly agree that one can become excessively preoccupied by larger events beyond ones direct control, and that one is well advised to focus on one's own contributions to and engagement with closer community and lover ones.
Yet detachment from larger events encourages yet greater powerlessness. We live in a republic, where our civic involvement and informed voting is definitive. To ignore unpleasantries in the wider world leaves events to the mechanizations of those who would exploit them to unhappy ends. And Lord knows: history is replete with examples of exploitation of power, that finally and decisively impacts all the Baileyvilles.
Comments
No reason to be. In the list of things people should be worried about, this ranks on about page 965 of a 1000 page book.
You can worry about it if you wish, but that means you aren't paying attention to the things you should.
Knowledge is the enemy of fear
As always, you are 100% correct.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I was slightly incorrect once.
Knowledge is the enemy of fear
impossible
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Let's say I'm paying close attention, and an very worried. What's my move?
Liberty: Parent of Science & Industry
buy COHO
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I'll buy coho a beer next time his adventure road brings him to baleyville!
What ought i to sell before it crashes, to pay for it?
Liberty: Parent of Science & Industry
Yeah, I think you did have the next round.
It's much better to worry about global events which may or may not be true and are completely beyond our control and would have zero relevance in our daily activities while enjoying a beverage made from fermented grain or fruit.
Knowledge is the enemy of fear
Wrong again. Lol
Knowledge is the enemy of fear
I suppose one could curl up in an ever-contracted cocoon of detachment from larger events.
I certainly agree that one can become excessively preoccupied by larger events beyond ones direct control, and that one is well advised to focus on one's own contributions to and engagement with closer community and lover ones.
Yet detachment from larger events encourages yet greater powerlessness. We live in a republic, where our civic involvement and informed voting is definitive. To ignore unpleasantries in the wider world leaves events to the mechanizations of those who would exploit them to unhappy ends. And Lord knows: history is replete with examples of exploitation of power, that finally and decisively impacts all the Baileyvilles.
Here's a warning parable for coin collectors...