Someone doesn’t seem to be pleased with the hopefully coming of mass monetary easing. The spam filter for my comments section got hit with quite a few comments that were off color, so to speak. So I think I will proceed with what I think of currency trading and go from there.

The first point is that trading in currency if you don’t know what you’re doing is playing with fire, and you deserve to get burned. It isn’t for the faint of heart, and it isn’t for people who can’t afford to lose. You’d likely have better luck in Las Vegas.

The second point, which is probably the most important to me anyway, is that we can’t go on with the monetary environment we have. It is too costly to society in many forms from opportunity cost, amplified burden of debt, political instability, and an entire lost generation of kids graduating from college with nowhere to go but slinging hash. The quality of life and standard of living of Americans is more important than stupid people “dabbling” in forex markets losing their shirts.

Get over yourself.

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