{"id":1672,"date":"2009-04-09T09:22:07","date_gmt":"2009-04-08T20:22:07","guid":{"rendered":"http:\/\/mhjb.co.nz\/blog\/?p=1672"},"modified":"2009-04-09T09:22:07","modified_gmt":"2009-04-08T20:22:07","slug":"more-bad-money","status":"publish","type":"post","link":"http:\/\/mhjb.co.nz\/blog\/archives\/1672","title":{"rendered":"More bad money"},"content":{"rendered":"<p><a href=\"http:\/\/globalguerrillas.typepad.com\/globalguerrillas\/talebs-rules.html\">From NN Taleb&#8217;s 10 rules<\/a>:<\/p>\n<blockquote><p>\nCitizens should not depend on financial assets or fallible &#8216;expert&#8217; advice for their retirement. Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they control), not their investments (which they do not control). <\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>From NN Taleb&#8217;s 10 rules: Citizens should not depend on financial assets or fallible &#8216;expert&#8217; advice for their retirement. Economic life should be definancialised. We should learn not to use markets as storehouses of value: they do not harbour the certainties that normal citizens require. Citizens should experience anxiety about their own businesses (which they [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,2],"tags":[],"class_list":["post-1672","post","type-post","status-publish","format-standard","hentry","category-link","category-money","category-quote"],"_links":{"self":[{"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/posts\/1672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/comments?post=1672"}],"version-history":[{"count":1,"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/posts\/1672\/revisions"}],"predecessor-version":[{"id":1673,"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/posts\/1672\/revisions\/1673"}],"wp:attachment":[{"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/media?parent=1672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/categories?post=1672"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/mhjb.co.nz\/blog\/wp-json\/wp\/v2\/tags?post=1672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}