Are there scientific papers calling sheeple and the financial system with their true names?
Are there scientific papers calling sheeple and the financial system with their true names? Euphemisms are positive answer too. Search terms are welcome. The closest I have seen is Russian analysis in news of the USA debt (maybe Zenaan posted the link, not sure).
On Fri, Jul 22, 2016 at 09:45:17AM +0300, Georgi Guninski wrote:
Are there scientific papers calling sheeple and the financial system with their true names?
There's a little book from decades ago I recommend, and the title about sums it up according to my dad: "I want the world plus 5%." If there's anything specific you really want to grok, start somewhere, anywhere in fact, and just post a question if you get stuck - plenty of folks round here are smarter than you or I. For example, one of the economic "true-isms" that I've never grokked is why the central bankers/ accountant types always say "high interest rates reduce inflation, low interest rates may cause inflation" - I've always thought of it the other way around. Any takers on this one?
Euphemisms are positive answer too.
I'll those to Juan :)
Are there scientific papers calling sheeple and the financial system with their true names?
I'm not sure exactly what you have in mind, but this is a classic of sorts... MEMOIRS OF EXTRAORDINARY POPULAR DELUSIONS AND THE Madness of Crowds. By CHARLES MACKAY http://www.gutenberg.org/files/24518/24518-h/delusions.html
economic "true-isms" that I've never grokked is why the central bankers/ accountant types always say "high interest rates reduce inflation, low interest rates may cause inflation" - I've always thought of it the other way around. Any takers on this one?
Easy money prompts market makers to price higher and take more knowing it exists. It's fairly closely coupled. Don't worry much about small numeric X-flation. Unless the swings are faster than the time needed for it to pass through the market back to your wallet as income. Example: steep swings in commodities like petrol, gold, steel, and bitcoin often make one consider stockpiling for resale so you don't get priced out before then. Then you have long term, like does your money still allow you to buy the same quantity and quality of goods and services. That's the kicker. Economics is one thing, weird shit being done to and with markets is something else. Ask Bilderberg et al on that one.
For example, one of the economic "true-isms" that I've never grokked is why the central bankers/ accountant types always say "high interest rates reduce inflation, low interest rates may cause inflation" - I've always thought of it the other way around. Any takers on this one?
Government and the banking mafia print money, that is, they 'inflate' the 'money supply' and so prices go up. The whole process can be referred to as 'inflation'. When all prices go up, people usually say there's 'inflation' and they are usually right, although they don't know the reason for the higher prices. So you have two related meanings for the word 'inflation'. A more technical one which includes the cause for higher prices, and a more 'vulgar' def. according to which 'inflation' just means higher prices. "high interest rates reduce inflation" So, what's meant by 'inflation' there? Just higher prices. And yes, the assertion is backwards. What really happens is this : The banking mafia prints money out of thin air. Since they have more (fake/counterfeited) money to lend, they lower interest rates. Fake 'capital' is more abundant, so because of demand/supply, the 'price' of capital (interest) goes down. And so, printing money has two different effects. It makes fake credit cheaper AND it causes prices of other goods and services to go up, in part because people are now spending the new money they got as credit. "low interest rates may cause inflation" Causation is backwards. Inflation of the money supply leads to 'low', SUBSIDIZED interest rates.
participants (4)
-
Georgi Guninski -
grarpamp -
juan -
Zenaan Harkness