How does it work and what are the consequences.

To cut a long story short, some 25 years ago I started trading on the Bucharest Stock Exchange. The market had been freshly reinstated after the fall of the communist regime and most of us so called investors were quite naive. Due an incredible amount of luck and a small but very useful spark of intelligence I made a fair amount of money. For that time…
In an attempt to maximize my profits, I went back to school.
Where I learned the difference between fundamental and technical analysis.

I’m not going into details. It’s enough for you to know that no matter how different they are, both fulfill the same psychological function.
They ‘clean up’ the slate. They help the decision makers distance themselves from the objects they have to decide upon.

What?!?

A stock – or any other tradable item, is no different from a bicycle.
We, human beings, become attached to things we already have in our possession. We find it harder to divest ourselves from something than to buy into something new. We tend to procrastinate when having to choose between multiple opportunities to buy and to ‘defend’ an already made decision. An already acquired possession.
Fundamental and technical analyses do nothing but bridge these two ‘chasms’. Help us across.

OK. But has any of this to do with propaganda?

Well, market analysis is a tool used by the decision maker himself.
Propaganda is a tool used by somebody who intends to influence the decision maker. Using the same psychological mechanisms.

While market analysis attempts to clear the ‘sentimental fog’ which distorts the factual information available to the decision maker, propaganda works its way in the opposite direction.
Facts are presented in such a way as to ‘smuggle’ them, below the radar, into the minds of the intended targets.
While market analysis is meant to help decision makers overcome their biases, propaganda is meant to fine tune those biases towards ‘encouraging’ the decision makers into adopting the decision coveted by the propagandist.

Somebody sent me this picture.
See how things work?
Most people consider themselves as being free from racism.
Also, most people consider that other people – namely the politicians and the journalists, have ‘vested’ interests. And that these ‘other’ people use ‘divide and conquer’ to maintain their grip on power.

The key word here being ‘other’. It’s the others who engage in such heinous acts. Never ‘our’ people.

But do you know what bothers me most?
I’ve been subjected to communist propaganda for the first 30 years of my life.
I’ve never dreamed it would take me another 30 years – and a stint of daily trading on the Stock Market, to figure out how propaganda works. Only to find it being used by people who declare communism to be the scourge of the Earth.

Well, since communism actually is a scourge, how about we NOT using the same tool as those who try to infect our minds with it?
For no other reason than propaganda yielding communism having been a complete failure….