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DavoMagic

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20/04/23

21:56

Post #: 67385261
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Originally posted by MirCat: ↑

Comments by Scott Phillips from Motely fool

In other words, making a mistake, or underperforming, usually isn’t fatal.

And, things tend to revert back to average, over time.

Phil Lowe got it wrong, last time.

So, it turns out, did the entire Western world’s central bankers.

Maybe they’re all completely useless.

Or, just maybe, because the future is unknowable, and these circumstances were so unusual, mistakes happen.

Expand

Originally posted by MirCat: ↑

Comments by Scott Phillips from Motely fool

In other words, making a mistake, or underperforming, usually isn’t fatal.

And, things tend to revert back to average, over time.

Phil Lowe got it wrong, last time.

So, it turns out, did the entire Western world’s central bankers.

Maybe they’re all completely useless.

Or, just maybe, because the future is unknowable, and these circumstances were so unusual, mistakes happen.

Expand

USA tries to run a US hegemonic empire, not a economy.

That is why it goes to war with others including China and Russia, it does not like competition and the citizens are supposed to suffer at the hands of the elite
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