Do you really think person X has your best interests at heart?

When someone gets up on a podium in something like an 'economic forum' do you really think that they are giving good advice or not?

I ask because of late a few very loud people seem to have taken it upon themselves to 'preach' to the SL community, telling them to buy one day, sell the next, raise prices the next day, lower them the following.

Theres obviously no accountability on people like this, and really no reason for them to help you, or anyone else, except obviosuly whatever their own personal interests are.

Do you feel that those personal interests they have, the motivations behind them making their posts, etc are beneficial to SL? to you personally? Do you think mabye they're financial analysts RL? or do they ask 'would you like fries with that?' when on the clock?

It just seems there is an over-abundance of people who claim to hold all the secrets here, yet day to day seem to fall far short. Just curious what the community at large thinks on this one

If you're talking about Jamie Bergman, I think she's a joke, and I really don't think people actually pay any attention to her "sell sell sell" coments. Maybe this is all a joke to her too.

She and Reservebank both appear to have a slightly tenuous hold on reality.

just to clear this up this was not for a specific person x, but rather for a more 'philosophical' person x, a 'variable' to be filled in by anyone who stands up an says they know the answer to all SL's economic issues, or who makes bold sweeping statements about what everyone else should be doing.

i.e. statements about stipends, statements about alts, statements about L$ trends, statements about lindex 'strategies' etc... pretty much like...

if someone tells you to do something, with your money, or they say LL should do something, *about* your money, why do you think 'they' (any 'they') did that?

That's about as difficult a question as economics itself. Does a hotel tell you to put towels you wish to be washed on the floor, and ones you don't on the rack, so that they don't waste more water washing more towels because they care about the environment? Or because they want to save money on towel washing? It's probably a combination of things. For instance, I wish stippends, or money printing, to be adjusted because I don't want to loose money personally, and because I want having a business in SL to be more lucrative, but I also believe people being able to get paid for their creative skills will make better quality content in SL and will make the experience better for everyone as a whole. Part of it is personal reasons, part of it is altruistic. But that could really be applied to almost anything out there, like, for instance, did mother theresa do all those nice things because she was actually nice, or because she wanted the attention and celebrity status, and this was the only way she could think of being remembered? Even the looney Jamie. Is she saying "SELL SELL SELL" because she's a crazy nut who tries to controll the market so as to buy cheap $L and resell them when they're more expensive? Or is she keeping in mind that her rather pointless posts won't actually affect how thousands of people buy and sell on Lindex, but does it in hopes that people will continue talking about the no doubt serious issue of our economy in hopes that with enough people in the discussion something could end up being done about it? I don't think anyone could know, really...
Sorry.

But they are providing free entertainment. Isnt that anticapitalistic?


More proof jamie is socialist.

eltee, when I say something I'm just expressing my opinion. I don't think anyone is an expert on the SL economy because we don't get enough data. All any of us are really doing is guessing.

Is this another RBD alt?

I love person x, but I'm not sure y. Is it because they don't make me go zzzzz?.

It is hard for me to accept the stance of so called experts on economics and finance when they are clearly pushing an agenda and are not willing to accept that tracking markets is not an exact science. Quality economists can push whatever theory they want very convincingly. It is the nature of the beast.

Obviously, there are bulls and bears on the street. As in politics, two highly educated analysts can argue strenuously for two opposing views. Neither of them are wrong. If you are watching them do this on CNN or wherever, they are each pushing an agenda and neither have your interests at heart (when they push that strong buy recommendation, you can bet they have a vested interest).

I don't see the forum blokes as being much different, with the possible exception of the highly educated part.

Huh... you're right

That's why you need John Stewart between the two.

Its Jonas P.

In all honesty the only time i see someone pushing the SL community's best interests, is when they have so consctructed their own lives/systems/setups/etc so that their own best interest *IS* the SL community's best interest, at least, more often than not.

That takes however alot of investment of time and understanding which i have not really seen 'forum pundits' ever really concern themselves with.

Those people are too busy actually helping the community and working towards everyone's interests to be pundits

My apologies Jonas.

Not a problem. Thought this was a cute name and I'm using the free alts to be able to keep a group alive (with just myself as the head).

Will you please jump in as Jonas and claim Banking Laws has no connection and get indignant?

I'm pretty sure that our half-dozen resident so-called economic experts were staff members for the Weekly World News.

Think about it - putting out nonsensical crap every week that is intended to sound serious but just comes off as sensationalist comedy meant to provide entertainment.

Makes sense Psyra. Sadly.

It's always painfully obvious (to me at least) that the financial preachers who dole out their version of wisdom are definatly only thinking about themselves.

As a for instance, those who advocate the end of stripends. Does anyone actually doubt that if stripends were ended, that it would create a new class? The Money Barons?

Over a year ago we heard a lot, one HELL of a LOT, about how LL had to stop creating more land for the good of the 'economy', yet the people saying that were land barons who wanted to corner the market and raise the price astronomically. I believe it's the same motivation for the people yelling to end stripends.

it's NOT for the good of the economy that they preach, but for their own pockets.

An interesting re-phrasing might be to ask ourselves: "why do *I* post here?"



The "economically wrong" I don't generally find annoying, even if they are painfully, really, hilariously wrong about the issue of the day.

The cruel, and the "cruel and wrong"... those folk spoil the fun of discussion.

Hence, I've been posting a lot less here.

this is a forum to discuss SL land and economy. what the heck else should people be discussing here eltee?