Welcome, Guest. Please login or register.

Author Topic: Stock traders are idiots.  (Read 5968 times)

Description:

0 Members and 1 Guest are viewing this topic.

Offline aardvark

  • Sr. Member
  • ****
  • Join Date: Jun 2002
  • Posts: 260
    • Show all replies
Re: Stock traders are idiots.
« on: May 12, 2004, 10:30:38 PM »
Well IMHO after five university economics courses, economics is a crock!  Things that really should (must) be done are not because they are uneconomic; things that shouldn't be done are done because they are economic.  The Capitalist system and the market are poor judges of that which is why we have governments.  Unfortunately too many governments are run by people who got elected by saying they would run government like a business, which they are not. (that is governments are not businesses, not that they aren't being run like one)
P.S. I have a theory which involves manipulating the velocity of money to control inflation instead of changing interest rates if anybody's interested.