Milton Friedman's greatest regret.
The federal government discovered the perfect crime in 1943: make employers collect taxes before workers ever see their paychecks. You think you earn $60,000 per year, but you actually earn $75,000 and hand over $15,000 to politicians without ever touching it. The psychological difference is enormous.
Before payroll withholding, Americans wrote quarterly checks directly to the Treasury. Picture yourself sitting at your kitchen table, writing a $3,750 check to the IRS every three months. The pain was immediate and visceral. Politicians faced constant pressure to justify every dollar because citizens felt the extraction in real time.
Withholding transforms this concrete loss into an abstract accounting entry. Your employer becomes an unpaid tax collector, and you never experience the actual cost of government. Worse, most people celebrate their tax refunds as government generosity rather than recognizing them as interest-free loans they provided to politicians. The Treasury collects your money throughout the year, spends it immediately, then returns your own cash and receives gratitude.
This system enables the explosion in government spending you witness today. Defense contractors billing $640 for toilet seats, agricultural subsidies for corn syrup, and congressional salaries for 535 people who rarely show up to work. When taxation feels painless, voters stop demanding accountability for how their money gets spent.
Milton Friedman helped design withholding as a wartime emergency measure and later called it his greatest regret. Free market economists recognized that the psychological pain of direct taxation creates political pressure for fiscal restraint. The temporary always becomes permanent in government hands, and the emergency justification disappears while the extraction mechanism remains forever.
>we need to play chess!
>don't fedpost!
>watch your optics!
>don't try to rile people up!
>be realistic about demographics!
>be realistic about deportations!
>trust the 40 year plan!
>you have to respect their rights!
>the rule of law!
>don't be a hypocrite!
Even if someone would provide an miracle strategy/indicator with 100% accuracy, majority would still lose money when manual trading. Because its not really market knowledge or some secret sauce that prevents manual traders from success.
At its root its the perception over markets, that is not perceiving it like a job or strict ruleset game, where u login, scalp some profit, logout, came in next day, but perceiving it as casino/golden ticket/homerun etc.
To be successful in this first you need to win a fight against yourself, fight against most basic psychological instincts and feels, a fight that filters 99% of people attempting it and makes it lowest success rate profession on earth.
Every single losing trader, with little thought put into it, and experience past the point of coping with "market's is scam", "rigged", "algos/divine forces/exchange/market maker on my ass rekting me" will understand why he's lossing money, why he's not succeeding, yet he do same things and same mistakes over and over.
Its an individual choice, a personal fight, noone can help him but speculator himself.
Most plebs that actually invested some time to learn this art probably already have everything that is required to be successful and operate effectively, yet it choses not to use it by losing to its own emotions, perceptions, and thoughts.
@EU_Commission Don’t believe your eyes when walking in any European capitol, it’s disinformation. Better trust the EU commission, their employees can totally relate to the common European and are not out of touch elitists.
What could be more important than identifying high IQ children and investing in their development for the betterment of society?
Retards. We invest in retards, forsake the smart kids, and do our dystopian best to ensure continued societal decay.