SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
ajtj99
Cogito Ergo Sum
Jacob Snyder
Lee Lichterman III
tntpal
towerdog
To: bull_dozer who wrote (33545)8/16/2021 4:42:00 PM
From: Sun Tzu6 Recommendations  Read Replies (2) of 97597
 
That is true. But do you want to know why that is the case? Because a country with dysfunctional government that has been in cold civil war for the past 30 years, monetary policy is the only tool. It is a blunt tool to be sure. But that is all you get to have.

Countries that are able to maintain some semblance of policy continuity and engage in rational fiscal policy do not have to rely on monetary policy as their sole instrument.

Over the weekend I read a bunch of articles that compared the current US environment to the latter stages of the Roman Republic (not the empire). There are a lot of similarities, but the biggest one was this: In the final stages of the Roman Republic you had two main groups, both corrupt and ineffective but in different ways: an elitist group that held true to the republic's democratic foundations because it worked for them. They were distant and out of touch from most working class even though some of them genuinely wanted to help the working classes. , And you had a bunch of super rich people who somehow managed to convince the public they were the champions of the common man but in reality were there to line their own pockets.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News