Financial repression is altering the investment environment, requiring an approach to saving and investing that is different from what has worked over the last 20 years
A agree, there is a way all of us can do a better job of protecting ourselves from an insane monetary policy that we can't quickly bring to and end. I'm hoping you do more than just a discussion of money in your book, delving into the philosophy that undermines human affluence.
Briefly, as I age I think ever more about Ayn Rand's words, paraphrased, 'fix the fundament error and the rest will self-correct.' And I then think of just how much human energy is expended, largely in a place-holding activity, in an attempt to slow the irrational course. Both the energy and the financial fields abound with constructive dialogue yet the insanity overrules every intelligent discussion.
When a simple, 'end market manipulating,' would solve the problem, everyone argues for 'raising the intellectual caliber of the manipulators.' Titanic deckchairs come to mind.
Collectivism and altruism, the rejection of reason in an argument and fundamentally, that reality is mailable, destructive thinking that virtually continues unchecked.
Some years ago, I wrote an essay about where social problems stem from and that Objectivism was the solution. Your money course makes me think I might revise it with a better opening. Cheers.
Thanks, I hope you re-write and publish that essay. The problem with proposing a solution to the government's wrongdoing is that it has at least two aspects - one philosophical and one metaphysical. The philosophical side is the ultimate long-term solution. The metaphysical side revolves around surviving financially - living so you can fight another day on the philosophical front. Investing is an individual proposition, and there is very little any individual can do to influence the government over an investor's time horizon. I think the best attitude toward government is to view their actions as "deus ex machina," a force of nature you cannot control. Try to anticipate what they will do, as if you are planning for a hard winter, then take the most prudent action you can.
A agree, there is a way all of us can do a better job of protecting ourselves from an insane monetary policy that we can't quickly bring to and end. I'm hoping you do more than just a discussion of money in your book, delving into the philosophy that undermines human affluence.
Briefly, as I age I think ever more about Ayn Rand's words, paraphrased, 'fix the fundament error and the rest will self-correct.' And I then think of just how much human energy is expended, largely in a place-holding activity, in an attempt to slow the irrational course. Both the energy and the financial fields abound with constructive dialogue yet the insanity overrules every intelligent discussion.
When a simple, 'end market manipulating,' would solve the problem, everyone argues for 'raising the intellectual caliber of the manipulators.' Titanic deckchairs come to mind.
Collectivism and altruism, the rejection of reason in an argument and fundamentally, that reality is mailable, destructive thinking that virtually continues unchecked.
Some years ago, I wrote an essay about where social problems stem from and that Objectivism was the solution. Your money course makes me think I might revise it with a better opening. Cheers.
Thanks, I hope you re-write and publish that essay. The problem with proposing a solution to the government's wrongdoing is that it has at least two aspects - one philosophical and one metaphysical. The philosophical side is the ultimate long-term solution. The metaphysical side revolves around surviving financially - living so you can fight another day on the philosophical front. Investing is an individual proposition, and there is very little any individual can do to influence the government over an investor's time horizon. I think the best attitude toward government is to view their actions as "deus ex machina," a force of nature you cannot control. Try to anticipate what they will do, as if you are planning for a hard winter, then take the most prudent action you can.
agreed.