You Oughta Dance With the One That Brung Ya
F. Scott Fitzgerald, the novelist, said the rich are different from us.
F. Scott Fitzgerald, the novelist, said the rich are different from us.
Everybody worries about inflation these days. It’s chic. It’s trendy. And it gives me a great comeback to the boss at raise time.
Loan banking is non-inflationary. Interest rates on loans are merely reflective of price spreads. All speculation, on the free-market, is self-correcting and speeds adjustment, rather than cause economic trouble.
Barter – direct exchange- is inefficient because of the lack of a double coincidence of wants. Some third medium was sought to solve this. It is called money. Exchanges are not equal, they are win-win, with each party gaining more than he is giving or the exchange would not be made.
Mike Shedlock gives a rather Austrian-flavored explanat
Does gasoline at 10 cents a gallon and falling sound impossible in today’s world?
“Dad Dean” considers university tenure systems at insidehighered.com.