Best Thread Keynes Vs. Hayek

[Martinghoul]

Mr 'inflation is good' doesn't subscribe to dogmas...

Well, you see that's exactly my point, n_t... I am sufficiently informed to realize that inflation can be both good and bad and it's all about the specific circumstances under which it occurs. You, on the other hand, naively parrot the silliness that you find in the various sources that happen to reinforce your simplistic notions. I hope you grow up one day and realize that things are never that simple.

 

[new_trader]

Well, you see that's exactly my point, n_t... I am sufficiently informed to realize that inflation can be both good and bad and it's all about the specific circumstances under which it occurs. You, on the other hand, naively parrot the silliness that you find in the various sources that happen to reinforce your simplistic notions. I hope you grow up one day and realize that things are never that simple.

We have access to the same information, what makes you think that your History or information is better than mine?..Such arrogance...

 

[new_trader]

If Capitalism rests on your defence then it is well and trully stuffed.

Here defend your self against this good move from yours trully. Obama is stepping up to responsibility.

The tax increases on the richest Americans would involve what White House officials have called the “Buffett rule” — after celebrated investor Warren Buffett -- who has criticized the tax code for requiring him to pay less in taxes than some of his employees do. Under the rule, millionaires would be compelled to pay at least as much in taxes as typical middle-class taxpayers. Read more on reported inclusion of Buffett rule.

At last some rich people have a conscience after all.

Don't do your usual close your eyes block your ears lalalala thing...

Steve Forbes Hates Obama

 

[new_trader]

How can any thinking adult believe that the morons who couldn't see the crisis coming now know exactly what to do to lead everyone out if it? The people least competent to do the most, are doing the most!

A Little Inflation Can Be a Dangerous Thing

http://www.nytimes.com/2011/09/19/opinion/a-little-inflation-can-be-a-dangerous-thing.html?_r=1

 

[Splitlink]

The people least competent to do the most, are doing the most!

A Little Inflation Can Be a Dangerous Thing

http://www.nytimes.com/2011/09/19/opinion/a-little-inflation-can-be-a-dangerous-thing.html?_r=1

And earning the most. That is where their motivation comes from, unfortunately for us.
They are **** scared of losing their jobs. It has already been proved that both parties were in Murdoch's pocket.

What to do about it, though, since whoever is elected has the same motivation?

The Chinese have a good elimination process by decapitation but where one head gets chopped, two more grow.

 

[Martinghoul]

We have access to the same information, what makes you think that your History or information is better than mine?..Such arrogance...

Well, firstly, we don't have access to the same information... Since I look at this stuff all day, every day and actually make decisions based on my analysis, I daresay I am somewhat more on top of these issues than yourself. But that's neither here nor there, really... Most importantly, I am better informed than yourself, because I do not brush off the data and information that doesn't suit my predetermined worldview. That, incidentally, is a result of having to make decisions as described earlier. Again, this is all general stuff, but I am amazed that you cannot see the glaring logical flaws in the Ayn Rand bits that you quote.

As to inflation and your latest article... I have a lot of respect for Volcker and he's absolutely right, but what exactly is your point?

 

[new_trader]

Well, firstly, we don't have access to the same information... Since I look at this stuff all day, every day and actually make decisions based on my analysis, I daresay I am somewhat more on top of these issues than yourself. But that's neither here nor there, really... Most importantly, I am better informed than yourself, because I do not brush off the data and information that doesn't suit my predetermined worldview. That, incidentally, is a result of having to make decisions as described earlier. Again, this is all general stuff, but I am amazed that you cannot see the glaring logical flaws in the Ayn Rand bits that you quote.

As to inflation and your latest article... I have a lot of respect for Volcker and he's absolutely right, but what exactly is your point?

Well that's great Martinghoul, we both look at stuff everyday and make decisions based on it. Do you have any idea how condescending, arrogant and presumptuous you are?

 

[Martinghoul]

Well that's great Martinghoul, we both look at stuff everyday and make decisions based on it. Do you have any idea how condescending, arrogant and presumptuous you are?

Have you noticed, n_t, that I sound "condescending, arrogant and presumptious" only when I respond to you? I haven't heard any complaints from anyone other than yourself and, as you can see on this forum and others, I am normally quite helpful and relatively chilled. I suppose the reason why I sound arrogant when I respond to you is because your very own intellectual arrogance infuriates me. I live in a world of uncertainty, where there's a flip side to any coin and no decision is 100%, but rather a matter of odds. So I get very frustrated with people like yourself who think they have the "right" answer to everything. Everything is simple and obvious for you and that, I guess, brings out the worst in me.

 

[scose-no-doubt]

That's because you are ego driven and the fact that NT is finds this so simple infuriates you. Maybe if you listened to him you'd learn something.

 

[new_trader]

Have you noticed, n_t, that I sound "condescending, arrogant and presumptious" only when I respond to you? I haven't heard any complaints from anyone other than yourself and, as you can see on this forum and others, I am normally quite helpful and relatively chilled. I suppose the reason why I sound arrogant when I respond to you is because your very own intellectual arrogance infuriates me. I live in a world of uncertainty, where there's a flip side to any coin and no decision is 100%, but rather a matter of odds. So I get very frustrated with people like yourself who think they have the "right" answer to everything. Everything is simple and obvious for you and that, I guess, brings out the worst in me.

I’d say it’s because your sycophants just accept whatever you say. I live in a world of certainty, where I am certain about how much tax I am being forced to pay, and how much food and energy prices have risen, and how little interest I'm getting on my savings, and how my money is being devalued. I was certain the property bubble was going to end in disaster and that the consequences would lead to where we are now. I can't help it if you couldn't see these things.

One more thing, I was fairly confident that they would consider a QE2 after the temporary effect of QE1 wore off.

 

[Martinghoul]

That's because you are ego driven and the fact that NT is finds this so simple infuriates you. Maybe if you listened to him you'd learn something.

Me? I am as ego-driven as the next guy, but I don't think I am worse than many. And I am listening to n_t, but all I am hearing is just slogans, with no substance or logic behind them.

 

[scose-no-doubt]

Me? I am as ego-driven as the next guy, but I don't think I am worse than many. And I am listening to n_t, but all I am hearing is just slogans, with no substance or logic behind them.

http://www.trade2win.com/boards/general-trading-chat/133422-keynes-vs-hayek-4.html#post1674104

 

[Martinghoul]

I’d say it’s because your sycophants just accept whatever you say. I live in a world of certainty, where I am certain about how much tax I am being forced to pay, and how much food and energy prices have risen, and how little interest I'm getting on my savings, and how my money is being devalued. I was certain the property bubble was going to end in disaster and that the consequences would lead to where we are now. I can't help it if you couldn't see these things.

One more thing, I was fairly confident that they would consider a QE2 after the temporary effect of QE1 wore off.

Right, there, you see, you prove my point... You naturally assume that anyone who happens to agree with me is a sycophant and has no brain of their own. Why is that? Is that not the very "arrogance" that you're accusing me of?

As to certainties, I also happen to know what tax I am paying, what inflation rate is eating into my savings, etc. However, unlike yourself, I also think about a) the alternatives; b) the history; c) the global situation. With the property bubble, QE etc, I am glad that you saw it coming. I didn't, but then again, unlike yourself I never know what the future holds, I just make (un)educated guesses about the odds of various outcomes. Do you know Milton Friedman, btw? Was he not considered the most famous champion of free mkts?

 

[Martinghoul]

Me? I am as ego-driven as the next guy, but I don't think I am worse than many. And I am listening to n_t, but all I am hearing is just slogans, with no substance or logic behind them.

Ah, I see. I missed that post altogether...

 

[Atilla]

Have you noticed, n_t, that I sound "condescending, arrogant and presumptious" only when I respond to you? I haven't heard any complaints from anyone other than yourself and, as you can see on this forum and others, I am normally quite helpful and relatively chilled. I suppose the reason why I sound arrogant when I respond to you is because your very own intellectual arrogance infuriates me. I live in a world of uncertainty, where there's a flip side to any coin and no decision is 100%, but rather a matter of odds. So I get very frustrated with people like yourself who think they have the "right" answer to everything. Everything is simple and obvious for you and that, I guess, brings out the worst in me.

This is correct honest post and I say this sincerely.

I don't think I have ever heard Martin say anything remotely rude or unpleasant. Puts us all to shame.

I also do think NT you are not only arrogant and conceited but very obnoxious at times to a repugnant level.

Me likewise - I can be rude and tactless too. I accept. But Martin imho not at all.

 

[Martinghoul]

This is correct honest post and I say this sincerely.

I don't think I have ever heard Martin say anything remotely rude or unpleasant. Puts us all to shame.

I also do think NT you are not only arrogant and conceited but very obnoxious at times to a repugnant level.

Me likewise - I can be rude and tactless too. I accept. But Martin imho not at all.

Ah, but you see, Atilla, that's 'cause you're a sycophant .

 

[Atilla]

I’d say it’s because your sycophants just accept whatever you say. I live in a world of certainty, where I am certain about how much tax I am being forced to pay, and how much food and energy prices have risen, and how little interest I'm getting on my savings, and how my money is being devalued. I was certain the property bubble was going to end in disaster and that the consequences would lead to where we are now. I can't help it if you couldn't see these things.

One more thing, I was fairly confident that they would consider a QE2 after the temporary effect of QE1 wore off.

Mr Vested Self Interest... that you are... who could have possibly guessed...


What a wonderful life we live. People are lining up to come up with lots of clever ways to raise tax revenue. Next in line is French idea to tax bank transactions and trades.

Make sense to me considering investment banks are reason why we are here.


Have you woken up to smell the coffee NT? You are so full of your self because you know very little and what you do know you cling on to like a man in the big wide ocean clinging to a buoy. Afraid to let go.

I would be willing to bet Martin is probably almost double your age?

Any takers

 

[Atilla]

Ah, but you see, Atilla, that's 'cause you're a sycophant .

After all our golden debates - if NT says so it must be true. :cheesy:

Quick question if I may - if you both watch screens all day what instruments/areas do you specialise in?

 

[Martinghoul]

After all our golden debates - if NT says so it must be true. :cheesy:

Quick question if I may - if you both watch screens all day what instruments/areas do you specialise in?

Inflation-linked bonds, I'd say, is my main focus. But EUR/GBP/CHF/Scandi rates, more generally, so govt bonds and IR derivatives in these ccies.

 

[spreader_legger]

Although I would not dispute that Martin is indeed knowledgeable and probably quite wise with regards to his field of expertise

Linking wisdom with age is quite erroneous as I have met some naive, imbecilic old coots. Nothing wrong with childishness so I'll leave that out of the equation

Mr Vested Self Interest... that you are... who could have possibly guessed...


What a wonderful life we live. People are lining up to come up with lots of clever ways to raise tax revenue. Next in line is French idea to tax bank transactions and trades.

Make sense to me considering investment banks are reason why we are here.


Have you woken up to smell the coffee NT? You are so full of your self because you know very little and what you do know you cling on to like a man in the big wide ocean clinging to a buoy. Afraid to let go.

I would be willing to bet Martin is probably almost double your age?

Any takers