Economy

I keep hearing people saying that the economy is doing this or the economy is doing that. Or that the economy is bad, when will it be good again? You keep hearing people say the economy is bad. The economy is totally based on people and their work. If people don't innovate or work hard of course the economy is bad. Of course the recession has to do with banks not lending and the tightening of the money supply, in regards to loans we can get that is, but who freaking cares?

Most people think that there is only 1 economy and that it is cyclical. They think that it is natural and normal for the market to go in cycles and that inflation is a result of a cyclical economy. The fact of the matter is this is a complete misunderstanding. The economy most people associate with is what I call the fake economy.

The Fake Economy

These 2 clips are amazing. Are most people fooled like Steven Leeb? That guy doesn't know what the frick he is talking about and I don't think he finished one coherent sentence. This guy is a prime example of a "sensor" who lives in the moment and can't grasp the larger picture.