cold hard truth: Andrew Anglin is a better writer, higher IQ, than anyone on xo
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Poast new message in this thread
Date: July 3rd, 2024 5:27 AM
Author: ,.,....,.,.,.,:,,:,...,:::,.,,:,.,.:..,:.::,.
(http://www.autoadmit.com/thread.php?thread_id=5549567&forum_id=2#47804615) |
Date: July 3rd, 2024 9:58 AM Author: Refunkulus (I Always Post Always TP)
I always got a kick out of his writings about that.
The market will basically always go up as long as there is some form of growth in the world - be it population or the amount of finished products.
All the market does is keep track of the amount of things within an economy using units of accounting (currency units). Covid money printing ensured more total units of accounting were created (via the money supply) and therefore prices, and stock prices almost HAD to be higher.
I think Anglin’s writing is pretty entertaining - but he and almost anyone else really cannot be listened to about the market. It’s futile to try and predict the market’s behavior and humbling. Most people that can see market crashes are able to see specific events that will cause a major disruption in the market or the systems that help determine values.
Also I remember that dude from the Nexium cult who was apparently a “genius” ended up getting raped on the commodities market. Lmao.
(http://www.autoadmit.com/thread.php?thread_id=5549567&forum_id=2#47805035) |
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