5min chapter

The Alchemy of Money cover image

Paul Podolsky and The Paradox of Financial Fiction

The Alchemy of Money

CHAPTER

Is It Possible to Switch Back and Forgiveness?

I love the metaphor, what you call kind of markets and the money river sort of the this constant flow. You said there are two, two tribes, the catastrophes and the equilibria mists. And it was funny because then I was thinking about the character of the boss who has this very, you know, this idea of financial Armageddon and the dollar will fall. He's a catastrophe right? So I feel like most people aren't able to pivot back and forth. And I think that it's not only the West and portfolio managers that can get stuck in that type of thinking.

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