Dazed And Confused...About Money

Nov. 26, 2024 10:38 AM ETDIA, IWM, IWN, QQQ, SPY4 Comments
(12min)

Summary

  • Misunderstanding the fiat monetary system leads to harmful austerity policies; governments can create money as needed, limited only by real resources.
  • Government deficits create private sector surpluses, driving stock market investments; money-flows from government spending and bank credit are crucial.
  • Current elevated government spending and deficits boost stock market gains; future reductions in deficits could weaken market performance.
  • Investors should monitor government deficits and bank credit creation; stay long on stocks with ETFs like SPY, IWM, IWN, and QQQ.

Arrows

Jorg Greuel

The misconceptions surrounding the understanding of the fiat monetary-system causes governments to implement inhumane austerity policies that end up increasing poverty and economic dysfunction. In this article, I attempt to correct the misconceptions about money and connect the correct

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This article was written by

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5.21K Followers

ANG Traders is an investor with 40+ years of experience and has degrees in math, science, and education. He believes that Modern Monetary Theory analysis provides the best predictions for market action and staying with the primary trend is key to wealth accumulation.

He leads the investing group Away From The Herd, along with David Huston and Alan Longbon. Their working-hypothesis is that, in addition to Federal fund flows, the only other constant in the market is the human emotion of fear, the fear of losing and fear of missing out (greed). These emotions leave repetitive patterns in the pricing history of the market which informs investors about probable futures. ANG Traders and team act on their research with stocks, index ETFs, and options - according to the risk/reward dynamics they find in the market. Features include real-time trade alerts, weekly market analysis, technical analysis, and a chat room. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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