Trump's AMERICA : 2018 (& world reaction )

Walter

Hall of Fame Member
Jan 28, 2007
34,888
126
63
The Yankee economy thrives on chaos?

You’re right.

Billions of transactions a day most of them planned by individuals without thought of other people’s transactions, everyone doing so for selfish reasons such as, I’m hungry, my kid needs new shoes, the car needs gas, I’m out of condoms, gotta paint the hallway, and so on. Nothing so big can be planned.

It’s all about the invisible hand.

What does 'Invisible Hand' mean
Invisible hand is a metaphor for how, in a free market economy, self-interested individuals operate through a system of mutual interdependence to promote the general benefit of society at large. It was introduced by Scottish enlightenment thinker Adam Smith in his book “An Inquiry into the Nature and Causes of the Wealth of Nations” (1776).
https://www.investopedia.com/terms/i/invisiblehand.asp
 

Danbones

Hall of Fame Member
Sep 23, 2015
24,505
2,198
113
You can't really make "HUGE" "rip the face off" money from the markets when they are stable.
( Like you need a waterfall, not just a river, to make real power)

But as I said before, watch the bond market - that's where the quantitative easing money is being directed right now.
( competition is a sin!)

When that stops..."true market value" will rule from the bottom where it really is.

So..Trump is planning to get the US out of Syria..
(yay)
 
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Bar Sinister

Executive Branch Member
Jan 17, 2010
8,252
19
38
Edmonton
You’re right.

Billions of transactions a day most of them planned by individuals without thought of other people’s transactions, everyone doing so for selfish reasons such as, I’m hungry, my kid needs new shoes, the car needs gas, I’m out of condoms, gotta paint the hallway, and so on. Nothing so big can be planned.

It’s all about the invisible hand.

What does 'Invisible Hand' mean
Invisible hand is a metaphor for how, in a free market economy, self-interested individuals operate through a system of mutual interdependence to promote the general benefit of society at large. It was introduced by Scottish enlightenment thinker Adam Smith in his book “An Inquiry into the Nature and Causes of the Wealth of Nations” (1776).
https://www.investopedia.com/terms/i/invisiblehand.asp

Fantastic Walter, you are right. Too bad a lot of modern capitalists dodn't fit into Smith's concept of capitalism.
 

Cliffy

Standing Member
Nov 19, 2008
44,850
193
63
Nakusp, BC
 

pgs

Hall of Fame Member
Nov 29, 2008
28,584
8,164
113
B.C.
Non-crony capitalism has never existed. It's as much a fantasy as your insane delusion that everybody was white and happy in the 1950s.
You mean Father Knows Best , and Leave it to Beaver were all a lie , tell me it isn’t so .