Sunday, February 16, 2014

Iper-inflation vs deflation, my take

Today I have solved, at least inside myself, the dilemma iper-inflation vs deflation.

Iper-inflation is the building of a lie out of control (debt and entitlements into the system), it feeds on itself and like a lie it brings to more lies to cover up and to mislead from the inconvenient truth (i.e. that the system does not support all its debt and entitlements).

But eventually, the truth is inevitable (it can take years), but the reality cannot be escaped, the system has to reset and the reset mechanism can be pure deflation or induced deflation by war.

Friday, February 14, 2014

The meaning of Trader

Today I have connected two dots.

The words trader and traitor have the same latin root, "tradere" or "to offer".

Have you ever noticed that, the market is the perfect traitor, perfectly able to mislead, change direction, betray expectations, exactly when those same expectations arise to consciusness in the trader?