i calculate how much profit i can generate with my system. leverage and daily range are not reliable. what if the daily range is big but there are 5 big moves between the high and the low in 2-4 hours? for my system it will then not generate any profits. the way the quotes move is important.
So what will happen when a HF throws 10 mill at the futures and buys/sells? How will that effect the BTC price?
Explain why I'm economically ignorant? I'm pretty sure I've got a deeper knowledge about economics and finance than you. How is inflation the biggest tax? Because savings get diluted? Again, like I said before... most people have debt and hardly any savings. And investments in stocks and bonds should be done in a way that it outgrows inflations, otherwise you'd be an idiot.... So maybe you're correct and inflation is a tax on the idiots... but idiots generally have no capital anyway... tax on nothing is nothing... Anyway, you're just trolling... I get it... one-liners, not very well thought out...
LOL I'm sure you do think that. The inflation rate, real inflation rate, is higher than wage rates. Real wage rates. Have been for a good while. Meanwhile the poor and much of the middle class don't pay income tax. But they do pay higher prices. Do the math. And read something besides Keynsian Economists nonsense.
Right... so that's 99% vs 1% bullshit... just to get that out of the way. Are the poor poorer than the poor where 100 years ago? Let's do a wellbeing comparison... pretty sure it's better now than then. Not saying that all is hunky-dory... but the increase in well-fare is undeniable.
For somebody pretty sure about things you ask a lot of questions. Are poor poorer than poor from 100 years ago? More nonsense. Try getting back on topic maybe.
You say that the poor people are all worse off due to inflation, which has meant that in the past 100 years 97% of the USD value has been lost... and caused a loss of real wages. I will make the topic whatever I want it to be... since it's my thread. The only stuff you've been dumping are mainly annoying non-substantiated one-liners ....
Not paying attention. Real inflation is higher than stated by the fed, real wages are not keeping up. Each are separate data points. I never said inflation is causing wages to go down. But basic econ 101 of rising inflation and stagnating or slower rising wages says incomes drop. The gubmint a couple of weeks ago announced SSI checks will increase 2% in 2018. Which is the "largest" increase in the last few years. Of course SSI was not set up for someone to rely on completely for their retirement. Nonetheless, the real cost of living for 2018 undoubtedly will be much higher than 2%. Just one scenario of being "poorer" year by year.