reply to post by Rocketman7
You know they don't need me to teach them economics. Go back in time to Aristotle then imagine the work that science has done all over the world
every day and all that work, then imagine the results of all that math.
Imagine the intuitive power of numbers applied and statistics. Well thats the G20. The culmination of everything man has learned about money and how
to manage it since money was invented.
But we can say just go back to Aristotle since that was when a somewhat formal method of science was born.
Incredible amount of knowledge. Take a look at Wiki on statistical analysis, demographics and statistics and glimpse what is in their heads while they
But the markets are this huge investment vehicle and like a well like a woman needs to be treated properly because it will react if not.
Something I will not be able to teach them is how I manage the markets. That requires personality often.
Thats something you can't teach. If you want to move the markets you have to use psychology but you have to be operating on a plan, and you need the
best of the best in the world working with you in key locations designated as leaders of a section or group and it is done with a wink and a nod,
since those people are already employed in that position and they are elected by their peers.
These people have the respect of their peers and so then they become point men and women.
So now you have people in areas where they have control to a degree of their area and now you can work as a team. And each area has a point man who is
an expert in that section and people agree his advice is usually the best advice and would constitute a consensus.
So now then you have taken a very large group and concentrated that power into a smaller group without affecting the group dynamic.
And then you need a leader. And historically in these situations that would be me or Alan or someone like that.
I am not a public figure so the advantage is that we don't have to explain everything we are doing we can just work and get things done.
But then what is it we want to get done? And that is usually governed by the goals of the larger organizations that I have mentioned. Together we have
long range goals and short range goals.
So then when you steer the markets you are interfering with capitalism a bit but if you are making people rich who is gong to complain?
But then again the markets is just another tool belt to an economist.
I am usually selected as leader in that regard by that group because I can be trusted, am an oligarch, and do not chase money. But am a qualified
capitalist again as I say so that I can investigate hands on and play the markets and that too so I am not just talking but experienced.
But is it right to manipulate the markets?
Well without someone like me who can organize that system in a very short period of time since we are drilled, then you can't put forward a united
front against problems that arise on a global level.
Beyond that there are some things about the capitalist system that requires maintenance and management and care.
The markets are usually left alone and managed by the people who run them and it is like a game to some people and it drives them on towards
So I don't mess with the markets unless its necessary. And that includes even if they call me.
And I will let nature take its course if that is the right thing to do.
The big picture. Thats whats important. And so you can't lose sight of the big picture. And the solemn seriousness of people's life savings. And the
other part of that is banking.
Its easy to lose sight of the real economy if you spend too much time thinking that by steering the markets you steer the world. The markets often try
to anticipate what will happen. Thats how they bet.
Thats different than making laws and creating policy. Then you are talking about the real economy where people have to earn wages or salary or they
have a profit margin.
Bricks and mortar is the expression.
But watching the markets is fun and entertaining and exciting for people with money invested.
Knowing how to manipulate the markets carries with it a great deal of responsibility.
But if it was you, would you let the country fall into economic ruin or manipulate the markets?
So there are times when you need to do it if you can. And the government and the Fed try to do that and are able to do that in America to a degree.
When they do it they give it money.
I would do it differently by networking a group of the best there is. Then they appeal to the public in their own professional way and together we
move the beast a bit if we can. We know how to do it. We are reluctant to do it because we like free enterprise and the free market system and so why
mess with it if you don't have to?