By the FED not acting to the last two updates on inflation, confessing it is no longer "transient", but waiting to do anything until their next meeting is that like saying "Let them eat cake!" until we raise rates?
Faith, Hope, Love, Transfer Payments, Public-Private Partnerships... all are now “trashy English words” having now in common parlance lost all of their original meaning. The general public uses these words thinking nearly the opposite of what ancient script demands. And neither the ecclesiastical clergy nor the economic clergy care to correct the error. Thank you Joel for filling a portion of this gap in language, the most fundamental of all “slippage”
I was surprised at your quote from "Works and Days" Not a book that many have read. In 2006 my friend Prof. Glenn Most translated and edited a version based on the latest research. I wonder if your quote came from his excellent update.
Hi Glenn - Thanks for the comment. I have an old Loeb copy myself, which I dusted off the other day after listening to one of my favorite podcasts - Blooms and Barnacles... a show all about Joyce's Ulysses - while on my morning stroll. The episode in question noted Hesiod's Five Ages of Man, which I hadn't recalled in years. Once again, Joyce springs eternal. Cheers!
I recommend Peru if you’re looking for a nice, but cheaper, place to live. We’re in Piura, about 1.5 hours by plane north of Lima, and closer to the equator.
This is a growing city, and we spend almost six months a year here, avoiding the long, cold, snowy and icy winters of Chicago. We have to put up with more than five months of warm sunshine every visit - not very tough duty!
Been following Bill and his Partners for over 20 years from South Africa. The predictions that have been given are now coming home to roost. The U.S. have benn riding a wave of comfort for a very long time. This has only partly spilled over to the rest of the world. Many 'out-side' countries have been paying the price for the reckless monetary policies carried out by the West. I think the time has eventually arrived for a little leveling of the playing fields. Unfortunately, this will be tough on us all.
Hope?
I would ask all economists to Hope in one hand and Crap in the other and see which hand fills up first.
By the FED not acting to the last two updates on inflation, confessing it is no longer "transient", but waiting to do anything until their next meeting is that like saying "Let them eat cake!" until we raise rates?
Faith, Hope, Love, Transfer Payments, Public-Private Partnerships... all are now “trashy English words” having now in common parlance lost all of their original meaning. The general public uses these words thinking nearly the opposite of what ancient script demands. And neither the ecclesiastical clergy nor the economic clergy care to correct the error. Thank you Joel for filling a portion of this gap in language, the most fundamental of all “slippage”
I was surprised at your quote from "Works and Days" Not a book that many have read. In 2006 my friend Prof. Glenn Most translated and edited a version based on the latest research. I wonder if your quote came from his excellent update.
Hi Glenn - Thanks for the comment. I have an old Loeb copy myself, which I dusted off the other day after listening to one of my favorite podcasts - Blooms and Barnacles... a show all about Joyce's Ulysses - while on my morning stroll. The episode in question noted Hesiod's Five Ages of Man, which I hadn't recalled in years. Once again, Joyce springs eternal. Cheers!
That should read molecule crisis
Lead us on fearless leader
I recommend Peru if you’re looking for a nice, but cheaper, place to live. We’re in Piura, about 1.5 hours by plane north of Lima, and closer to the equator.
This is a growing city, and we spend almost six months a year here, avoiding the long, cold, snowy and icy winters of Chicago. We have to put up with more than five months of warm sunshine every visit - not very tough duty!
Keep the missives coming, thanks!
Michael Truesdale
Been following Bill and his Partners for over 20 years from South Africa. The predictions that have been given are now coming home to roost. The U.S. have benn riding a wave of comfort for a very long time. This has only partly spilled over to the rest of the world. Many 'out-side' countries have been paying the price for the reckless monetary policies carried out by the West. I think the time has eventually arrived for a little leveling of the playing fields. Unfortunately, this will be tough on us all.
What is a man live crisis?