Generational Dynamics Forum - New Site

Tom Mazanec wrote: Tue Jun 21, 2022 8:48 am I have come to the conclusion that, if you placed every economist in the world one on top of the other, they still could not make a correct prediction.

Economics like life (in a deep sense) is not "black / white" but shades of grey, and not "either / or" but more often "both / and".
So you are not going to get correct predictions in the black / white sense.

vincecate wrote: Mon Jun 20, 2022 11:24 pm

richard5za wrote: Mon Jun 20, 2022 5:08 am I have had another look at BTC pricing history; maybe it was a bit harsh saying that BTC pricing was bubble mania, albeit that I acknowledge that blockchain has societal benefits, but no one seems clear about the value or to whom it will accrue.

I wrote up something trying to look at why Bitcoin is valuable. Not a trivial question...

https://howfiatdies.blogspot.com/2022/0 ... uable.html

Really well done, Vince.

Cool Breeze wrote: Tue Jun 21, 2022 10:52 am

vincecate wrote: Mon Jun 20, 2022 11:24 pm I wrote up something trying to look at why Bitcoin is valuable. Not a trivial question...

https://howfiatdies.blogspot.com/2022/0 ... uable.html

Really well done, Vince.

Thanks.

aeden wrote: Tue Jun 21, 2022 1:43 pm https://cms.zerohedge.com/s3/files/inli ... k=lLngOX99

Bear market rally for 2 weeks.

Then lower lows. Who doesn't get this?

Cool Breeze wrote: Tue Jun 21, 2022 10:17 pm

aeden wrote: Tue Jun 21, 2022 1:43 pm https://cms.zerohedge.com/s3/files/inli ... k=lLngOX99

Bear market rally for 2 weeks.

Then lower lows. Who doesn't get this?

I learned long ago that I don't have the skill to get the timing right; so I trade short term mostly same day. I have banked the profits on yesterday's rally. So the bear market rally might have only been one day, or could be 2 weeks as you say, but could continue through July. Lets see.

Powell just admitted he may have to cause a recession.
Peter Schmitt just may be wrong.

Tom Mazanec wrote: Wed Jun 22, 2022 12:13 pm Powell just admitted he may have to cause a recession.
Peter Schmitt just may be wrong.

Gromen thinks they reverse/pivot in August.

Cool Breeze wrote: Wed Jun 22, 2022 9:22 pm

Tom Mazanec wrote: Wed Jun 22, 2022 12:13 pm Powell just admitted he may have to cause a recession.
Peter Schmitt just may be wrong.

Gromen thinks they reverse/pivot in August.

I don't know what reverse/pivot means. Please be kind enough to post the relevant URL

California raising gas and diesel taxes on July 1st.
The tiny fools named taxpayers are idiots to be crushed by active measures and have been.

The pivot would of been the Taylor Rule but they ignored reality.
Stupid Sodomites with drag Tranny Queens and leashed Beastiality maniacs in the swamp with eco nuts run the show with the potato cult handlers.
Voters will suffer Says Law as over thirty percent chew on crayons as policy's wiped then out and as it was said the divorce is basically complete.
The political morons on the left will foam at the mouth and flop around on the marble floor in lie cheat and steal.
Inflation is way more than up as toe tags double in zones and all these half wits have accomplished which is point blank sheer stupidity.
At least they got the Queen wave to the working poor from the esg swamp eco nuts.
They put it clearly the tiny fools are the Americans and the unix tool box worked flawlessly.
The algo was noted a mathematical impossibility not to see to the results paid for from the Operation as it was noted.