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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.07

-0.1%

Nov 6 4:00 PM EST

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To: TobagoJack who wrote (184724)	3/2/2022 10:53:09 PM
From: sense	Read Replies (1) of 217557

I will disagree with almost every element in that article... not because I think the analysis done, in context, is in error... but because I see error in the context... in the common tendency among the participants to see the world through the single lens they share... assuming it provides a singularly true vision of reality. I've posted at length before about choosing deliberately in adopting different points of view... as perspective gained by making the choice... is useful in order to triangulate a better perception of reality, seen in higher resolution... only in result of your own effort in observation being more deliberate than others... I did have to laugh at: "An even more alarming take... the Western sanctions could ultimately lead to major reform of the global system". The obvious is not in error... that if there is change in the nature of participation in the economy whether because of changed perception... of the value of participation, or the utility of reserves... the change in participation will... quickly alter the result of participation in that degree. That is not much different than what we have seen already in "fragility"... in parts that have begun drifting apart rapidly losing function in a surrender to entropy that is not reversible or countered by self organization... but the authors err in not well considering or understanding any of that... or that the linkages are not... variably optional choices ? And, of course, I'm not seeing any reason to quibble with life long fiat advocates coming around to seeing that there is both reason and value in gold... while recognizing perversity in "inside money," at least enabling if not directly causing conflict... But, not all that is obvious is even considered... “In a cooperative game, more global trade and the accumulation of FX reserves makes sense." But “in a competitive game, where your currency holdings are issued by an adversary..." and all that follows from that is almost entirely in error for the reasons noted above... as it appears the "expert" participants in the game... fail to comprehend very basic issues in the nature of action based in cooperation and competition (a form of cooperation) differing from that rooted in adverse action. That has almost nothing to do with the features, the flaws or the choices made in the money used... ? Those seeking the benefit of others cooperation... without intending to cooperate themselves... should not expect their effort will succeed ??? As most children learn the relevance of that basic truism by age 5... it is something of a wonder that bankers and world leaders seem to think they've outsmarted all others and learned the secrets of cheating the system... and somehow making a "success" of it... without our noticing ? The fact of it... a further proof of the devolution in the quality of leadership we've seen... explains most of why we are where we are, today... Polonius' view... not in error in itself... or the origin of any conflict... only advises avoiding it. Hamlet's resolution understood in context of both Dante and Machiavelli... requires seeing reality is often more adversarial... Reality requires... whatever you prefer... you cannot avoid conflict when others intend it... and impose it on you... "God grant me the serenity to accept the things I cannot change; courage to change the things I can; and wisdom to know the difference"... is not wrong, as long as it advocates "choosing well"... while not providing an excuse for surrender... because you cannot change others choices and avoid conflict.

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