Tradefair & Financials
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psycho: Where do you see gold going?
melly:
psycho: I said, where do you see gold going?
melly:
psycho: Listen you mug, where do you see gold going, I'm asking you?
melly: Sorry mate, I didn't see your post with all the squabbling going on with benny. Have a look at the correlation between USG deficits and the price of gold, look up what their CBO is saying about where their deficits are going and project the price of gold based on that.
psycho: I knew that
melly: Then why the feck did you keep asking me if you already knew that.
psycho: Dance sucker dance. *********laughs hysterically***********
melly: What?
psycho: You arrogant ****, nothing has already been decided, nothing. You are a disciple of Friedman, don't hide it.
melly: I don't think so. If you look closely, Friedman is not such a "free market" guy as everyone thinks.Friedman refused to test his monetary theory against reality and maintained the position that testing the reality of his assumptions is irrelevant to the very end of his life. So, no, I don't know what article you read and misunderstood, but no, I'm not a friedmanite.
psycho: You are Austrian then sucker, I knew it. *******horns tooting in the background*********
melly: I'm not Austrian either. All schools have some merits and none have all the answers. If anything, I belong to the Selten school of behavioural economics.
psycho:
melly: You're not saying anything all of a sudden, where did you go?
psycho: I was trying to google it. Dance for me sucker *******loud bell and whistle noises**********
melly: I'm starting to think you're making this sh1t about as you go along and you have no background in economics.
psycho: There's other opinions out there, no knows the right answer, least of all you who refuses to accept what the financial media says and think for yourself.
the white space guy: ***********jumps from behind the curtain and mutters something inaudible**************
melly: what did he say?
psycho: He said we can't refute what you put up here but we are sure that there are people out there who can. Credible economists. Post links.
melly: Oh I get it **********spills coffee through nose*************
carlos: I have so many questions for u.
melly: Who are you? Aren't you the chap who was in a fight to the dead with the psycho a couple minutes ago but you're now in lovers embrace french kissing? Hmmmm, I wonder….
chatlame: You are sick, but I like you.
melly: Who are you too? All of a sudden my posts are attracting a lot of new faces. Hmmmm, I wonder…….
psycho: **************hands in pockets looking the other way whistling***********
melly: Someone put up a question on what inflation, deflation and money velocity really are, are you going to take a stab at it?
psycho: Imagine that you you are driving a pu$$ymobile and live in a pu$$ycastle full of h00kers snorting coke. You are spending your dead uncle's money that you found under the mattress. Money velocity picks up, everyone is happy and the economy booms. The money one day is gone, the h00kers move on, no more coke to snort, and the economy is in a depression. Economics is simple stuff.
melly: Huh?
psycho: I destroyed you there sucker.
melly: I don't think so. (INSERT here a long explanation that inflation is simply an expansion in the money supply and deflation the opposite, and that money velocity at this point (because it's a ratio) is meaningless. All it really says is that a lot of money has been printed in a short period of time.
carlos: I liked the pu$$ycastle explanation better.
chatlame: I think you are sick, but I like you.
psycho: ************hands in pockets looking the other way whistling*************
melly: Whatever
psycho: Where's the tsunami sucker? ***********laughs hysterically*************
melly: I've already explained that a dozen times, it's a matter of perspective.
psycho: You were wrong, wrONG, WRONG, sucker. Humanity is still here, the world didn't end.
melly: I never said the world was ending, that's a strawman. *******laughs as he says "strawman"*******
psycho: Where's the tsunami sucker, where, whERE, WHERE? There you have it, I destroyed you there.
melly: Whatever. Muqbil put up a question about a Greek default, are you taking a stab at it?
psycho: He should ask a Greek.
melly: (INSERT here very very very long answer to Muqbil's question)
psycho: You're wasting your time. I'll bury your post under so much sh1t that no one will ever see it.
melly: I am indeed wasting my time. Where did everyone go, this place looks deserted all of a sudden? I best take my leave.
**********melly exits stage left*************************
**********************SOUNDS OF LOUD SIRENS*********************************
melly: ***********look's over shoulder as he exits*********** What's going on here?
*********************MEN DRESSED IN WHITE RUN OUT OF THE AMBULANCE******************
psycho: melly you c****@t, you did this to me
*************loud screams are heard***************
****************MEN IN WHITE RETURN WITH PSYCHO IN A STRAIGHT JACKET*************
************AMBULANCE DRIVES AWAY WHILE CURTAIN COMES DOWN*******************
THE END
melly:
psycho: I said, where do you see gold going?
melly:
psycho: Listen you mug, where do you see gold going, I'm asking you?
melly: Sorry mate, I didn't see your post with all the squabbling going on with benny. Have a look at the correlation between USG deficits and the price of gold, look up what their CBO is saying about where their deficits are going and project the price of gold based on that.
psycho: I knew that
melly: Then why the feck did you keep asking me if you already knew that.
psycho: Dance sucker dance. *********laughs hysterically***********
melly: What?
psycho: You arrogant ****, nothing has already been decided, nothing. You are a disciple of Friedman, don't hide it.
melly: I don't think so. If you look closely, Friedman is not such a "free market" guy as everyone thinks.Friedman refused to test his monetary theory against reality and maintained the position that testing the reality of his assumptions is irrelevant to the very end of his life. So, no, I don't know what article you read and misunderstood, but no, I'm not a friedmanite.
psycho: You are Austrian then sucker, I knew it. *******horns tooting in the background*********
melly: I'm not Austrian either. All schools have some merits and none have all the answers. If anything, I belong to the Selten school of behavioural economics.
psycho:
melly: You're not saying anything all of a sudden, where did you go?
psycho: I was trying to google it. Dance for me sucker *******loud bell and whistle noises**********
melly: I'm starting to think you're making this sh1t about as you go along and you have no background in economics.
psycho: There's other opinions out there, no knows the right answer, least of all you who refuses to accept what the financial media says and think for yourself.
the white space guy: ***********jumps from behind the curtain and mutters something inaudible**************
melly: what did he say?
psycho: He said we can't refute what you put up here but we are sure that there are people out there who can. Credible economists. Post links.
melly: Oh I get it **********spills coffee through nose*************
carlos: I have so many questions for u.
melly: Who are you? Aren't you the chap who was in a fight to the dead with the psycho a couple minutes ago but you're now in lovers embrace french kissing? Hmmmm, I wonder….
chatlame: You are sick, but I like you.
melly: Who are you too? All of a sudden my posts are attracting a lot of new faces. Hmmmm, I wonder…….
psycho: **************hands in pockets looking the other way whistling***********
melly: Someone put up a question on what inflation, deflation and money velocity really are, are you going to take a stab at it?
psycho: Imagine that you you are driving a pu$$ymobile and live in a pu$$ycastle full of h00kers snorting coke. You are spending your dead uncle's money that you found under the mattress. Money velocity picks up, everyone is happy and the economy booms. The money one day is gone, the h00kers move on, no more coke to snort, and the economy is in a depression. Economics is simple stuff.
melly: Huh?
psycho: I destroyed you there sucker.
melly: I don't think so. (INSERT here a long explanation that inflation is simply an expansion in the money supply and deflation the opposite, and that money velocity at this point (because it's a ratio) is meaningless. All it really says is that a lot of money has been printed in a short period of time.
carlos: I liked the pu$$ycastle explanation better.
chatlame: I think you are sick, but I like you.
psycho: ************hands in pockets looking the other way whistling*************
melly: Whatever
psycho: Where's the tsunami sucker? ***********laughs hysterically*************
melly: I've already explained that a dozen times, it's a matter of perspective.
psycho: You were wrong, wrONG, WRONG, sucker. Humanity is still here, the world didn't end.
melly: I never said the world was ending, that's a strawman. *******laughs as he says "strawman"*******
psycho: Where's the tsunami sucker, where, whERE, WHERE? There you have it, I destroyed you there.
melly: Whatever. Muqbil put up a question about a Greek default, are you taking a stab at it?
psycho: He should ask a Greek.
melly: (INSERT here very very very long answer to Muqbil's question)
psycho: You're wasting your time. I'll bury your post under so much sh1t that no one will ever see it.
melly: I am indeed wasting my time. Where did everyone go, this place looks deserted all of a sudden? I best take my leave.
**********melly exits stage left*************************
**********************SOUNDS OF LOUD SIRENS*********************************
melly: ***********look's over shoulder as he exits*********** What's going on here?
*********************MEN DRESSED IN WHITE RUN OUT OF THE AMBULANCE******************
psycho: melly you c****@t, you did this to me
*************loud screams are heard***************
****************MEN IN WHITE RETURN WITH PSYCHO IN A STRAIGHT JACKET*************
************AMBULANCE DRIVES AWAY WHILE CURTAIN COMES DOWN*******************
THE END
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Needless to say this was posted tongue-in-cheek but the satire I feel is not that far away from what actually took place on here. Mugs who insist on trying to impress with half-knowledge, sometimes outright WRONG knowledge, parroting confirmation bias instead of original thinking, and tilting at windmills became the accepted mantra on here.....while the majority of posters on here slept.
It is true, bullsh1t baffles brains, and the more eloquent the bullsh1t is stated, the more effective it can be for baffling brains. I saw complete bullsh1t on here and called it for what it is. Not hard to do when you have a genuine understanding of this stuff, not anecdotal knowledge you picked up from reading the latest edition of the Economist and parrot some article you read in it without fully understanding it.
This will be my last post for a while. I hope someone steps up to represent the perspective I brought to this forum. I sincerely hope you get your forum back.
I close with one of my most favorite quotations of all time which reminds me of mugs declaring victories right after charging at windmills:
"The only thing that ever consoles man for the stupid things he does is the praise he always gives himself for doing them."
-Oscar Wilde
It is true, bullsh1t baffles brains, and the more eloquent the bullsh1t is stated, the more effective it can be for baffling brains. I saw complete bullsh1t on here and called it for what it is. Not hard to do when you have a genuine understanding of this stuff, not anecdotal knowledge you picked up from reading the latest edition of the Economist and parrot some article you read in it without fully understanding it.
This will be my last post for a while. I hope someone steps up to represent the perspective I brought to this forum. I sincerely hope you get your forum back.
I close with one of my most favorite quotations of all time which reminds me of mugs declaring victories right after charging at windmills:
"The only thing that ever consoles man for the stupid things he does is the praise he always gives himself for doing them."
-Oscar Wilde
Don't let the door knock you out as you depart.
Maybe the closing quote would read truer as
" The only thing that ever consoles man for the certain things he says is the praise he always gives himself for saying them ".
" The only thing that ever consoles man for the certain things he says is the praise he always gives himself for saying them ".
Good luck, good night, merry christmas and a happy new year,
and I like you all anyway!
and I like you all anyway!
Wouldn't it be wonderful if Melly's greatest gift to the forum and which acted as a unifying gesture was his exit. Rejoice. Rejoice. 
Maybe we have to have one word or two in the
economics field?
economics field?
Perhaps discourse can flourish once again now the poison has been lanced. Perhaps it is too late and the patient will die but at least with Melly admitting defeat a line can be drawn and mutual exchange of views without rancour will return.
Although I would point out that this was always a trading and financials rather than dry economics forum until Melly set up camp.
The forum will be the worse for the departure of Menelaus. Hope to see him back posting before too long. Personally my knowledge is insufficient to enter debate with Melly on economics issues so I am happy to read and learn. My view is broadly aligned with his on the macro economic outlook of financial Armageddon at some point in the NOT TOO distant future....
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