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Michigan Post > Blog > Economics > Wild Rumors Once more | Economics
Economics

Wild Rumors Once more | Economics

By Editorial Board Published March 28, 2025 3 Min Read
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Wild Rumors Once more | Economics

COMMENT: I hear you’re a fraud. You took $150 million yearly to advise ________________ hedge fund. Why don’t you come clear?

Annonymous

REPLY: I have no idea who begins these rumors. They sometimes come from individuals who don’t just like the forecast. The one fact to this rumor is that I used to be provided $150 million, true, however I declined. I’m not getting in mattress with individuals (1) I don’t belief, and (2) I traded towards as an adversary. Furthermore, maybe that fund and/or others informed the CFTC to close us right down to cease the forecasts.

Folks throw round numbers as a result of they assume that for those who get extra, you’ll someway be pleased? You can not spend even a billion on life-style. Even $150 million wouldn’t change your life-style, for it might put a goal on you, and everybody would come to take a chunk. Most individuals who win $1 million in a lottery go bankrupt.  I’d commerce billions, then you definitely exit to dinner, and the invoice is $300. We might name it simply cellphone numbers. You can not commerce $1 billion the identical means you commerce $1 million. It takes expertise, technique, and a grasp of all the world. If you make that type of cash, it is just good for bribing different individuals to do what you need – i.e., Invoice Gates and George Soros.

Sorry to disappoint you. I’ve greater than sufficient to stay on. That will not alter my life-style. That leaves bribing different individuals to do issues. Sorry – not ! I DO NOT SELL ADVERTISING ON THIS SITE as a result of I are not looking for individuals to assume I’m endorsing it. Some persons are motivated by cash. Some are motivated by accomplishment. I desire the latter.

So take your rumor and put it the place the solar doesn’t shine, as they are saying.

BTW, the individuals making the film on me filed a Freedom of Data Act to attempt to get these communications with the CFTC, they usually answered – they not have any recordsdata on me. Apparently, my title doesn’t even seem on any display.

CFTC FOIA Responce

 

 

TAGGED:ArmstrongEconomicsRumorswild
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