Central planning 101
"China's top economic planning body, the NDRC, announced on its official WeChat account Friday that production costs for coal miners are much lower than current spot prices for the fuel."
“Your smell made me want to help you,” says Kina to Leo early in Fantasian. From then on, she anchors him in those felt connections and intuitive ways of knowing that resist categorization by machines.
https://tpow.app/fcb4c408
Broke: Paying the Dane geld
Woke: Electing a gelded Dane
Let's Go Brandon!
First do a 2-year buyers strike. Don't consume anything beyond necessities with a few exceptions. This is 2022 and 2023. Then in 2024, with ample savings cushion, do a nationwide workers strike and collapse the whole economy in the election year.
Bad contrarian: go opposite the market.
Good contrarian: ignore the market.
One chases or fights price, the other sets their own price.
The mainstream economic assumption is true in financial markets. As prices rise, demand for financial assets rises. It creates a self-fulfilling runaway speculative boom, then turns into a self-fulfilling bust.
The reverse is true. Although there is some hoarding under high inflation, most people cut discretionary purchases. As the price of a hamburger shoots up, people skip eating out for lunch and make a new habit that lasts a lifetime.
Federal Reserve officials and most mainstream economists think that if prices fall, that will cause consumers to buy less stuff creating a deflationary spiral. But if prices rise, they will rush to buy stuff creating an inflationary spiral.
Fiverr is ready for a diverr too. Self finance a competitor with short position.
The central bank can't get lower interest rates without trapping people in inflation trades that blow up in their faces. Since they can't create inflation, they need you to believe they can.
Everyone expecting imminent runaway inflation is Kate Hudson in The Skeleton Key.
Welcome to Twetch @60478!
In the near future, there will be politicians who say nothing today, raking some SEC or Federal Reserve official over the coals for not doing anything about the rise in Tesla stock. That stock alone will cause a $900 billion loss for investors.
Bank of Canada shocks by ending QE
Fed meets next week...
