How to understand the trade offs in life?

How to understand the trade offs in life?

Being lost without a map.

Why there is no supply and demand?

Why there is no supply and demand?

Because yields on long-term debt do not exist.

When uncertainty shows up?

When uncertainty shows up?

When there is no confidence in the probabilities used to make decisions.

How to learn systematically?

How to learn systematically?

Planning and building on ground that may open beneath you.

What reduces inequality?

What reduces inequality?

Catastrophic events.

Why is the GDP flat and the stock market hits record high?

Why is the GDP flat and the stock market hits record high?

Because technology and the system have destroyed supply and demand.

Why is no longer an important issue dealing with deficits?

Why is no longer an important issue dealing with deficits?

Because everybody in the financial industry needs to own government bonds for regulatory reasons.