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100 sats \ 1 reply \ @kr OP 14 Dec 2023 \ parent \ on: Wrong? Early? I’m Not Sure econ
yeah it’s a fair point that we can’t know all the possible outcomes and weigh Powell’s decision making against them all, but he was widely ridiculed for being too slow to raise rates, and dealt with a lot of criticism for keeping rates high in the last year… now the complaints seem to have subsided.
I see and I can agree with that even though I didn't even follow the discussion. I just used to watch a YTer who live streamed the FTFC meetings (?) until this trader YTer lost what seems to be all his coins on FTX
Then I was thinking too myself:
And I thought I can get some advice from this guy? Who should have known by now that maybe, you shouldn't keep so much corn on an exchange? Even though you keep saying it's sooo safe because it's sooo regulated and you absolutely don't get paid to say this?
FTX disaster was really also a eye opener moment for me to see how many people are so full of stupid shit in this space, lol
Like guys: did we not try to tell you that this is exactly why you don't get bitcoin? lol
And I think people in general just overestimate their ability to estimate stuff. I don't know where this is coming from. Do they forget how bad their past predictions were? That's why huge props @kr for calling yourself out on that, lol. Most people don't.
That's why I like PMs so much. If you want to give us an opinion, you better tell us what you think how much worth your opinion is, else gtfo because you might just be wasting our time, lol :)
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