Re: Gary again shows how Armstrong is Wrong
in response to
by
posted on
Sep 25, 2015 04:11PM
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Baires: What Armstrong brings to the table is the big picture, i.e., how the over-involvement of government in civic society and the economy destroys both those things ultimately. Manipulation happens, but according to Armstrong's thinking this is only a short term phenomenon, the market wins out because pent-up demand and the need for market participants eventually to unwind their shorts happens as well.
David Price, pitcher for the Blue Jays, has played for a lot of winning teams but he says he has never played in such an exciting situation as Toronto right now, where the crowds are crazy and demand for tickets, tv and radio is huge. They're making lots of money. The Jays haven't had a winning team in 20 years and there is huge pent up demand for a winner. The Jays manipulated the market by bringing in Price and other great players in the past few weeks but only when it became clear that the basis of the team was solid and close to contending. If they had a winner every year in that City there would likely be a lot lower interest. They struck when the iron was hot. That's gold manipulation. Ike