ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Sun Tzu who wrote (43795)	11/18/2021 1:56:34 PM
From: Real Man	Read Replies (1) of 97558

“He held that money creation stimulated an economy, paper money was preferable to metal, and dividend-paying shares a superior form of money. [6] The term " millionaire" was coined for beneficiaries of Law's scheme” John Law, the father of modern finance. But something went horribly wrong. You can put the name in google and find wiki article. The basic problem is that the paper value becomes disconnected from the real economy, but eventually it painfully reconnects. We are here now. By actions of the Fed the real economy (Main Street) has been destroyed while the affluent class is betting on tulips.

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