Click to enlarge.
Yes! Behold in wonder at the efficient market in action!
September 20, 2012
New ultrathin lens to make mobile phones as thin as credit cards
The new lens is flat, distortion-free and so small that more than 1,500 would fit across the width of a human hair - capable in the future of replacing lenses in applications ranging from cell phones to cameras to fiber-optic communication systems.
The new economy is flat, distortion-free* and real growth is so small that it's hanging on by a hair. Coincidence? I think not!
* There may be a few tiny little distortions but let me assure you that they would be extremely difficult to spot on a chart (especially a chart with a green background and a red trend line).
Source Data:
St. Louis Fed: Custom Chart
efficient market
ReplyDelete"Free" markets are "efficient" markets ....... or something like that.
Shun the non-believer!
mab,
ReplyDeleteWithout the MythFX, there could be no distortion!
I think the real myth is that we can all become filthy rich trading in FX.
Individual Retail speculative traders constitute a growing segment of this market with the advent of retail foreign exchange platforms, both in size and importance.
...
A large difference in rates can be highly profitable for the trader, especially if high leverage is used.
More leverage! More economic freedom! More prosperity! More! More! More!
What's the worst that could happen (again)?