The issue with the economy is that we moved from industrial capitalism to financial capitalism as primary. That's why many markets no longer match reality.
I suppose that's why you stick to commodities.
Industrial capitalism produces goods and services. Financial capitalism just produces more of itself. Buying stocks is basically bullshit these days because it doesn't infer ownership, you are just gambling with chips relative to the cap.
The strategy I adopted after the great financial crisis is that of a more recent person, Jesus Christ; whose teachings were reflected in the moral code of conducting business until the medieval period. Following are excerpts from Robert D. Ingraham's "The Modern Anglo-Dutch Empire: its Origins, Evolution, and Anti-Human Outlook":
- There is no place in medieval theory for economic activity which is not related to a moral end
- The most fundamental difference between medieval and modern economic thought consists, indeed, in the fact that, whereas the latter normally refers to economic expediency, however it may be interpreted, for the justification of any particular action, policy, or system of organization, the former starts from the position that there is a moral authority to which considerations of economic expediency must be subordinated.
- Whosoever buys a thing, not that he may sell it whole and unchanged, but that it may be a material for fashioning something, he is no merchant. But the man who buys it in order that he may gain by selling it again unchanged and as he bought it, that man is of the buyers and sellers who are cast forth from God's temple.
Accordingly my strategy since 2010 was not to seek profit without work, rather to preserve value of savings earned from my machine building business. No speculation in stocks, bonds, or interest on savings in bank. Get out completely from the fiat casino and into solid gold.
13 years later, this strategy has paid off, purchasing value of savings has been preserved and is immune to any shenanigans that Money Powers can come up with or the monetary readjustment that will take place alongside the ongoing tectonic geopolitical change.
While i use Amazon to buy a LOT of e-books, its still really concerning how large percentage of e-book market they have, especially if they ban people on a whim, but consumer basically has very little choice : most of the books i read are from authors that are not known by the general public and will never come out to my local bookstore or anywhere else as print versions unless i specifically order them _from Amazon_ to be printed and shipped...
I have tried to search some of the smaller e-book sellers , but usually its not worth it : they may have some of the big names too, or more well known books, but those mostly unknown authors can only be found at Amazon, thats not ideal situation at all, what if they decide to ban books about some subject altogether, propably could and would not lose much money, not that Bezos would care, he has 170 Billion $ already...
Lets hope that the market will correct itself and we will get some kind of worthwhile competition on the e-book market too :)
"most of today’s market experts were educated in the Cartesian tradition which validates rigorous scientific method as a way to acquire knowledge. Value is placed on understanding linear cause-and-effect relationships that allow us to make predictions about stuff. This mindset has an obvious appeal in investment speculation: we expect to profit from market events by understanding and predicting how the conditions we can observe would cause those events. That same mindset also gives us the comforting sense of competence and control."
Not just the market experts, but all the oligarchical pseudo-scientific, Club-of-Rome style mind control has its origins in this exact statement!
Many thanks Alex for phrasing it so eloquently, as usual!
The issue with the economy is that we moved from industrial capitalism to financial capitalism as primary. That's why many markets no longer match reality.
I suppose that's why you stick to commodities.
Industrial capitalism produces goods and services. Financial capitalism just produces more of itself. Buying stocks is basically bullshit these days because it doesn't infer ownership, you are just gambling with chips relative to the cap.
Nice, especially the reference to Sun Tzu.
The strategy I adopted after the great financial crisis is that of a more recent person, Jesus Christ; whose teachings were reflected in the moral code of conducting business until the medieval period. Following are excerpts from Robert D. Ingraham's "The Modern Anglo-Dutch Empire: its Origins, Evolution, and Anti-Human Outlook":
- There is no place in medieval theory for economic activity which is not related to a moral end
- The most fundamental difference between medieval and modern economic thought consists, indeed, in the fact that, whereas the latter normally refers to economic expediency, however it may be interpreted, for the justification of any particular action, policy, or system of organization, the former starts from the position that there is a moral authority to which considerations of economic expediency must be subordinated.
- Whosoever buys a thing, not that he may sell it whole and unchanged, but that it may be a material for fashioning something, he is no merchant. But the man who buys it in order that he may gain by selling it again unchanged and as he bought it, that man is of the buyers and sellers who are cast forth from God's temple.
Accordingly my strategy since 2010 was not to seek profit without work, rather to preserve value of savings earned from my machine building business. No speculation in stocks, bonds, or interest on savings in bank. Get out completely from the fiat casino and into solid gold.
13 years later, this strategy has paid off, purchasing value of savings has been preserved and is immune to any shenanigans that Money Powers can come up with or the monetary readjustment that will take place alongside the ongoing tectonic geopolitical change.
Great information.
While i use Amazon to buy a LOT of e-books, its still really concerning how large percentage of e-book market they have, especially if they ban people on a whim, but consumer basically has very little choice : most of the books i read are from authors that are not known by the general public and will never come out to my local bookstore or anywhere else as print versions unless i specifically order them _from Amazon_ to be printed and shipped...
I have tried to search some of the smaller e-book sellers , but usually its not worth it : they may have some of the big names too, or more well known books, but those mostly unknown authors can only be found at Amazon, thats not ideal situation at all, what if they decide to ban books about some subject altogether, propably could and would not lose much money, not that Bezos would care, he has 170 Billion $ already...
Lets hope that the market will correct itself and we will get some kind of worthwhile competition on the e-book market too :)
11.29.2023 - "David Webb exposes the system Central Bankers have in place to take everything from everyone." https://www.youtube.com/watch?v=dk3AVceraTI
"most of today’s market experts were educated in the Cartesian tradition which validates rigorous scientific method as a way to acquire knowledge. Value is placed on understanding linear cause-and-effect relationships that allow us to make predictions about stuff. This mindset has an obvious appeal in investment speculation: we expect to profit from market events by understanding and predicting how the conditions we can observe would cause those events. That same mindset also gives us the comforting sense of competence and control."
Not just the market experts, but all the oligarchical pseudo-scientific, Club-of-Rome style mind control has its origins in this exact statement!
Many thanks Alex for phrasing it so eloquently, as usual!