The first cartoon illustrates an old story of a greyhound dog, which raced around an enclosed track chasing after a mechanical rabbit. After all that running, running and running on the same track… One day he suddenly discovered that the target that he was going after for years was not even a real rabbit! So, he quit the job.
The morale of the story remind us to think: "Are we spending our precious time going after the worthwhile goals?"
The second cartoon is basically telling the same story, but the only difference is that the one who is doing the running has not enlightened yet.
So... In today society, almost everyone is busy going after some stuffs.
And, What's the Real Stuffs?
Would you like to share your viewpoints and enlighten us, please.
Thanks. :-)
Relevant article: What If... We can know our Ultimate Goals Much Earlier?
Bless You
KH Tang
“Think not only about what you want to achieve,
but also why you want to achieve it.”
– Chris Taylor (Author)
--------------------------------------------8<-------------------------------------
It is a slow day in the east Texas town of Longview. It is raining, and the little town looks totally deserted.
Times are tough, everybody is in debt and everybody lives on credit.
On this particular day, a rich tourist from the East is driving through town.
He enters the only hotel in the sleepy town and lays a hundred dollar bill on the desk stating he wants to inspect the rooms upstairs in order to pick one to spend the night.
As soon as the man walks up the stairs, the hotel proprietor takes the hundred dollar bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to pay his debt to the pig farmer.
The pig farmer then takes the $100 and heads off to pay his debt to the supplier of feed and fuel.
The guy at the farmer's co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has lately had to offer her "services" on credit.
The hooker runs to the hotel and pays off her debt with the $100 to the hotel proprietor, paying for the rooms that she had rented when she brought clients to that establishment. The hotel proprietor then lays the $100 bill back on the counter so the rich traveler will not suspect anything.
At that moment, the traveler from the East walks back down the stairs after inspecting the rooms.
He picks up the $100 bill and states that the rooms are not satisfactory, pockets the money and walks out the door and leaves town.
No one earned anything. However the whole town is now out of debt and looks to the future with a lot of optimism.
That, ladies and gentlemen, is how the United States Government is conducting business today.
What do you think....
(Author Unknown)
---------------------------------------8<-------------------------------------
Now...
One might think that though the story is interesting, but how does it related to the real world?
See...
The rich tourist is the FED, it printed the money and circulate it around and eventually goes back to him through various methods... Such as all kind of taxes that you already known, plus the invisible one-->the inflation. “Inflation is taxation without legislation.”--Milton Friedman.
And after that what happen?
There will be $100 more in the Money System.
When the FED keep doing this, they will be more and more money in the system.
(As show in Picture one... Money Supply Keep Increasing in an exponential rate!)
While the products or services can not keep up with the rate of increase...
(As show in Picture two... Depletion of finite Natural Resources, such as energy, clean water, farm land,etc., keep reducing.)
=> The Buying Power of Money keep reducing or so called Hyper Inflation.
(As show in Picture tree... Relationship of Value of Dollar Vs Money Supply.)
In the attached videos, it explains clearing how this hyperinflation can and will happen, and using the Zimbabwe case as an example. It also provides some suggestion as a solution for individual in how to deal with it... Must Watch...
By the way, the rich tourist here can be your government too. :-)
Why not take a minute to google and find out how much "Money Supply" is produce by your rich tourist last quarter?
KH Tang
"Inflation is always and everywhere a monetary phenomenon.
To control inflation, you need to control
the money supply."
"The average man doesn’t wish to be told that it is a bull or a
bear market. What he desires is to be told specifically
which particular stock to buy or sell. He wants to
get something for nothing. He does not wish to
work. He doesn’t even wish to have to think."
The market behavior is so strange that it mostly go the “Wrong” direction as perceived by the public. And, that cause most public, (90%), continues to lose money in feeding the financial system.
Here are two simple terms which might be interested for some, in order to know a little more why would the market often goes the different direction with their researches.
1) Triple Witching
2) Window Dressing
In the derivative market, such as option and future, when one person is making some profits, some others got to lose the money to him.
Imagine that when the market is so bearish that everyone would believe that it would continue to go down… What most public will do is to buy the “PUT” Option, which it can use margin to leverage for high benefit from the market. So… Imagine that all the public is right; this would drive the option writers, mostly by financial institutions, to have big losses or even drive them to bankrupt with a few consecutive rounds of "strike" in the targeted price.
Now, imagine that you are the financial institution, what strategies or action you are going to take???
Of course, you would want to make sure you are the one who win, and that is the whole purpose for selling the option. You would then do whatever necessary possible to ensure that the option would not strike within the expiration date! (It is up to you to imagine what necessary action it might be…)
So this create pullback from the trending market and create waves…
What Does Triple Witching Mean?
An event that occurs when the contracts for stock index futures, stock index options and stock options all expire on the same day. Triple witching days happen four times a year on the third Friday of March, June, September and December.
The impact of "triple witching" has been associated with increases in the volatility of the market. The increased volatility increases the uncertainty about prices of the underlying stocks. This phenomenon is sometimes referred to as "freaky Friday".
And, if one would to examine the market behavior around these period, it can usually find serious pullback just before these dates.
What Does Window Dressing Mean?
Performance reports and a list of the holdings in a mutual fund are usually sent to clients every quarter. To window dress, the fund manager will sell stocks with large losses and purchase high flying stocks near the end of the quarter. These securities are then reported as part of the fund's holdings."It is better to be out of the market for a week or
a month than to make one wrong trade.
Stay out and your judgement
will clarify"
-Richard D. Wyckoff
.jpg)
