Now, as during Roman times, capital punishment is nearly always
reserved for the outsider, the feared and hated in our society.
Not exact matches
But the term «perceived conflict of interest» is properly
reserved for situations in which the concerned observers might understandably but wrongly think that the decision - maker had an external interest that could have influenced his decision - making, perhaps because
outsiders are misinformed about who was responsible
for what decisions.
Russell Lamberti: Yeah my website, ETM macro advisors website is www.etmmacro.com and I am starting a new newsletter called the macro
outsider, and you can sign up
for it
for free on www.etmmacro.com and you'll get a free essay called «The real currency war» which is subtitled «monopoly money vs real money» and essentially there I just go into a lot of what we've spoken about today in terms of chronic malinvestment, the weakness of fiat currency
reserve systems, and then ultimately where I think the real currency war is, which is in centralized vs. decentralized money, and I talk a little bit about cryptocurrencies there as well, so that's www.etmmacro.com you can sign up
for that free newsletter.
Also, it's very difficult
for outsiders to understand
reserving.
It also opts
for a clearer narrative, albeit a fairly routine collegiate one involving a
reserved and socially challenged
outsider.
Now the actuaries inside the firm most of the time have a better idea than
outsiders as to where
reserve should be set to pay future claims from existing business, but even they don't know
for sure.