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<blockquote data-quote="EndlessGravity" data-source="post: 1540841" data-attributes="member: 18289"><p>Everyone should read this explanation. You'll find this stupidity at the heart of nearly everything the Fed and the financial media talk about. Instead of discussing THE SYSTEM, a complicated interwoven network that spans the globe, and its associated mechanisms and timings or supply and demand...</p><p></p><p>We're talking about Jordan Peterson's Twitter account as a source of inflation.</p><p></p><p>You don't get any more surface level and out of touch than this. It's never about reality; it's only ever about how things are worded and creating expectations. Never how or why, just vacuous impressions devoid of content or analysis. The failed predictions are just gravy on the cake.</p><p></p><p>Edit: I'll also note Gammon was 100% wrong about his real estate predictions over the past two years. Smoke that one.</p></blockquote><p></p>
[QUOTE="EndlessGravity, post: 1540841, member: 18289"] Everyone should read this explanation. You'll find this stupidity at the heart of nearly everything the Fed and the financial media talk about. Instead of discussing THE SYSTEM, a complicated interwoven network that spans the globe, and its associated mechanisms and timings or supply and demand... We're talking about Jordan Peterson's Twitter account as a source of inflation. You don't get any more surface level and out of touch than this. It's never about reality; it's only ever about how things are worded and creating expectations. Never how or why, just vacuous impressions devoid of content or analysis. The failed predictions are just gravy on the cake. Edit: I'll also note Gammon was 100% wrong about his real estate predictions over the past two years. Smoke that one. [/QUOTE]
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