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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (192573)	10/12/2022 1:56:32 AM
From: sense	Respond to of 217652

Easing back into things... Much to digest there. Appreciate the update on the comings and goings. Life doesn't often slow down in the way it has these last two years. If it proves true that we're not going sustain a new normal of serial pandemics, it seems that there will be parallel accelerations occurring, Some of that will be useful. Some perhaps not. But, as the economic difficulties, it also seems probable that the impacts will be unevenly distributed. Progress the last two years has been slow, and the conversation with Zoltan was disheartening... as there still seems little progress is being made in understanding many basic / critical things. I remain dumbfounded that we see these sorts of conversations occurring, in which there is still no consensus on such basic issues as "why is there inflation" even as they claim that "there shouldn't be" ? And, naturally, the conversation never quite rolls around to "bug, or feature?" But, the answer is easy enough: "Yes." I've heard it rumored that following the elections this November, they're going to roll out whatever it is that they've been cogitating on... the new monetary whatever.... the link couched it as Bretton Woods 3, but then they never really quite got around to actually talking about that in any bit of that in any well structured way. I've also heard, from those closer to the matter, "Nah... not there yet." It appears that the "test" of the core concept behind their plans... didn't exactly pan out in trial. But, both on a fundamental basis, and on the basis of implementing tech integral to such... "not there yet" appears to be to be dramatic understatement. I think if there is any push to proceed on plans for "globalizing" currencies as they'd hoped to be able to... the result will be "unfortunate" for everyone, but particularly for those advocating such. So, for now... more of the same only more so... seems hardwired. I agree with the gist of their flow... that the dollar is now "apparently" in no immediate risk... but, also agree with the idea re "wait five years" to see. The economic war that is ongoing... has restructured much already... but more will change over time than will be immediately apparent to frogs in pots that are warming slowly, while much else provides distraction. Crypto has been taking hits... obviating the questions that should be being asked about the changing utility of money under technological change, and the changing relationships between money, and its aggregates, and power and its aggregates, that will result from new technological realities. Those hoping to use change to impose greater control... soon to learn that control ultimately isn't in reality the primary point of value they assume that it must be ? I think they're on more solid ground in that conversation addressing the relative values in various currency terms versus commodities... The timing issues ? I think "wait five years" is well within historical parallels in prior experience... and, beyond that, they're right enough in pointing out "no one really knows where the "economic competition" we're seeing now is likely to go in that time"... but, its already clear enough that changes imposed in 2022 have altered much.