Pretender to be tough easily shifts to be weak I know one pretender to be tough. The person shifted to be weak after he/she lost own bluff. I thought about the difference between real confidence and bluff. Real confidence stands by our sides, but bluff is put on own faces. Real confidence makes us stronger. Bluff can make us both of stronger and weaker. In other words, real confidence is asset, but bluff is risk. The result of bluff will be better or worse than without bluff. (I don’t like such risk, so that I try not to use bluff.) I thought about below matrix. Result With Real confidence Without Real confidence With Bluff Middle Risk and High Return High Risk and Middle Return Without Bluff Low Risk and Middle Return Middle Risk and Low Return I don’t know this matrix is true, but not so far from true. Then I thought about another things, “Are there perfect method?” If I have real confidence and don’t use bluff, there ar...
2019/5/3. Who does MMT sacrifice?
I am not expert about economics, but I know there is no free lunch.
The Question:Who does MMT sacrifice?
The persons who want to be richer.
MMT will be the defensive wall that prevent becoming rich from poor.
Low interest rates makes rich to be richer, but it prevent poor to be rich.
MMT is NDW. No Dream World.
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