Keiser Report: Whimsical Price Tyranny E446

Published on May 18, 2013In this episode of the Keiser Report, Max Keiser and Stacy Herbert examine stories about those who, using spoof trades, bogus securities and fictitious capital, steal real wealth and income. They discuss how it is that every benchmark index is rigged and introduce the concept of the bonus benchmark. In the second half, Max talks to Dr. Michael Hudson, author of The Bubble and Beyond, about debt and wage deflation and about the intersection of interest rates and wages going back to David Ricardo when wages were measured against the price of bread to today when they are measured against the price of debt.

via Keiser Report: Whimsical Price Tyranny E446 – YouTube.

Getting Our Story Straight is a Matter of Life & Death (Literally) | Peak Prosperity

Good narratives lead to good decision-making
Sunday, May 12, 2013, 11:52 PM

The stories we tell ourselves have great influence over our destiny. These narratives shape our belief system and thus, in turn, the decisions we make.

Find yourself making poor choices? That’s likely due to a fallacy in one or more of the beliefs you hold.

Psychology and social science have re-discovered this key learning: We can improve our odds of success in life by improving the stories we tell ourselves. Hence the flood of recent books on the topic (The Power of Story, Flourish, Being Happy — to name just a few)

But this insight is nothing new:

Read more:

via Getting Our Story Straight is a Matter of Life & Death (Literally) | Peak Prosperity.