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Investment Analysis Clubs / Macro Economic Trends and Risks


Subject:  Re: What trade art thou? Date:  9/7/2013  2:35 AM
Author:  namkato Number:  433327 of 536861

I find it more useful to deal with the world as it is, not how we wish it were. The idea that the world will achieve some sort of perfection according to each of the six billion ideas of how it should be is, well, fantasy. Reality, as it exists at any given moment, is the result of the relative causes and effects of billions of factors; for example, six billion individuals are but a fraction of the causes and effects, so for someone to try to identify the advantages and disadvantages of something like paper currency using a few paragraphs, is hubris on a grand scale, because it has of necessity left out most of what has resulted in "what is." Which is why the fiat currency crowd can be spectacularly wrong. They are constrained by ideological blinders that close off 99% of reality.
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