Economics Thread

I need to keep coming here to learn from our autodidact savant things we EEAs would never suspect. Such as the economy being in recession from day 1 of 2022 and Woodrow Wilson taking the US off the gold standard and the US entering WWI a full 3 years before the standard history books tell us.
 
sturg33 said:
A reminder that nsacpi was a YUGE advocate for the printing press to pay people to stay at home, not work, and produce nothing.

His stupid ideologies are what is currently driving massive inflation - which is crushing middle class and poor Americans. His stupid ideology is what is causing the Fed to drive interest rates to 15 year highs... making housing unaffordable to middle class and poor Americans.

The EEAs are truly dreadful in getting things right... and millions have to suffer due to their ineptitude.
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Reminder that the EEAs got us here.

They are so stupid they can be mocked and ignored moving forward
 
At least some of us can come within 3 years of the year the United States entered WWI and are not confused about which president took us off the gold standard.
 
sturg33 said:
Im just amazed how little such an academic knows. My etexpectations were low but holy ****
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I know that the US entered WWI in 1917 and that FDR took the US off the gold standard in 1933 not Woodrow Wilson in 1914.

et tu? monsieur autodidact savant?
 
The US established the federal reserve.in 1913 which was the defacto birth of the Fiat system that has to date removed 99.7% of the dollars value since.

And you are a cheerleader.

EEA is as about of a public dunce symbol as wearing a mask
 
nsacpi said:
btw there is one very high profile company that I think is a legitimate candidate for shorting...don't want to start another kerfuffle so i'll keep the name to myself
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bumped from 1/28/2021 when TSLA was at $265

now at $189

been a long and interesting ride

time to book some profits
 
nsacpi said:
bumped from 1/28/2021 when TSLA was at $265

now at $189

been a long and interesting ride

time to book some profits
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Lol wait wait wait...

The stock rose 58% over the next ten months.

Then it crashed like every other tech stock.

You're telling me that you've had an open short position for 22 months?

I don't believe you...if you did... It must have been for so little money it didn't matter

(I'm so glad I did the opposite of your original recommendation to me re: TSLA... Literally doubled shortly after you lectured me to short)
 
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