lord1x

lord1x

Descartes Error by Antonio Damasio is a nice book.

lord1x

Divide your budget by 7 and invest that once, then double it, then double it again at predetermined levels. My levels are: $20,0000, $15,500, $12,000. Example: Budget = $7,000 /7 = $1,000 At $20,000 invest = $1,000 At $15,500 invest = $1,000 x 2 = $2,000 At $12,000 invest = $2,000 x 2 = $4,000 Total invested = $7,000 Average price = ((20000+15500)/2+12000)/2 =...

lord1x Updated 

"At first, prices rise and people realise the abnormality and postpone purchases. The demand for money increases but inflation continues to rise. People start buying now with the realisation that their purchasing power is likely to continue depreciating. As a result, the demand for money falls and prices yet continue to rise. The government steps in to relieve the...

lord1x

"The more uncertain and fearful they are, the more cash balances they will want to hold; the more secure, the less cash they will wish to keep on hand. Another reason for keeping cash is also a function of the real world of uncertainty."

lord1x

The utility of money lies in its exchange value. An increase in money supply only dilutes the effectiveness its purchasing power. Money supply does not need to be altered in a free market since the purchasing power of money will adjust by itself according to the supply and demand of goods 𓂀

lord1x

"Please provide a meaningful and detailed description and your analysis..."

lord1x

Who would have thought we need so much silver? "Gosh"

lord1x

fred.stlouisfed.org Gosh, that's a very brief description. Could you please tell your audience a little bit more about what you're publishing.

lord1x

It takes advantage of the nature of information being easy to spread but hard to stifle. - Satoshi Nakamoto