Tanya Abrasimova of FX Street summarizes issues preventing or at least delaying a bitcoinETF specifically custodial services. This is based on an interview by Jay Clairman, Chairman of the US Securities and Exchange Commision (SEC)
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Global populism is approaching levels last seen in the 1930s and there is pressure for governments to change incentives. Fredrick Hayek, a Nobel prize-winning laureate, has inspired the leaders such as Margaret Thatcher and Ronald Reagan in addition to other liberal economic thinkers.
In this 3 minute video, economic booms and busts are explained in a manner that a 10-year-old can easily understand. The core insight of Hayek is that government interference even if done with the best of intentions changes people’s behavior by changing incentives and changing signals in the market. These changes result in investments that are not sustainable and which ultimately lead to recessions and busts.
Heighten your emotional level. Feel loved and valued. Experience the bliss of a lasting type. Christopher Ross draws the reader into the aura of a person known as Mother Meera. Some say she is a reincarnation of Mother Mary. Others perceive her as an enlightened being, with the ability to connect with you at a very deep level, feel your life, your pain, your joy. She is originally from India and is currently based in Germany.
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First, watch the video!
Check these 15 psychology facts that will give you a better idea of how our minds work.
Many of these facts make sense. One point that particularly stood out to me was dealing with work stress by creating what I would call a “mindful moment”. Flooding your brain with endorphins by the act of singing while driving to work to attend a stressful meeting is something I can relate to. Similarly, de-stressing by freely singing while blasting some good ol’ Sabbath can be a surprisingly mindful thing to do.
On the flip side, I did not entirely agree with the Dunning Kruger effect (i.e. intelligent people rarely thinking of themselves as smart and ranking themselves below others). I have met some extremely intelligent people who knew exactly how bright they were and if challenged would not hesitate to let others know that. Nor were they the type that would rank themselves low. Perhaps this is something that is true in large numbers or under the conditions tested but less accurate when measured within a group of people hired because they were both intelligent, and competitive?
Communication is important. And more so when communicating about Inflation! Trying to decipher Central Bank-speak is never easy. Philip R. Lane, a member of the Executive Board of the ECB, discusses medium-term inflation goals in the article linked below. He suggests using specific guidelines for households, firms and market participants in forming inflation expectations. This requires a consistent communication strategy, especially when inflation has been very low versus the target rate.
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