For people buying stocks, and those quotes only being a couple of hours old, they're a good long way from the real world. Groceries and oh my gosh! meat prices! have shot up in price over the last 6 months, and selection has dwindled.
When you print money at the pace we have over the past year and with what is planned going forward the dollar is severely devalued. We'll be lucky if we don't go to the late 70's again.
Agreed. It seems to me though that these types of “announcements” are often really “admissions” of what we in the real world are already experiencing.
So when makers of common household goods announce such things to their investors, it’s more like “it’s about to go from bad to worse.”
Way back in Economics class, we were taught about the basics: supply and demand, etc, plus the “twin evils” of unemployment and inflation. When unemployment is low, inflation will be high. Common sense notions like that.
Increased prices we see now may be partly due to retailers’ increases — higher cost of goods sold because of all the extra sanitation requirements, not to mention price gouging. Now manufacturers are increasing prices more.
What few of the reports talk about is the insane money manipulations in the background. Nothing common sense in any of that.
Anyone remember the Wiemar Republic in Germany post WWII? It did not end well for Germany or the world.
John Maynard Keynes v. Milton Friedman.
I loved the Firing Line. William F. Buckley, Jr and Keynes and Friedman, great stuff.
Evening..... So Sunday I let Scruffy outside and watched him from the house. When he went behind the shed I went to shoo him back where I could see him. Well he bolted across the yard and through the fence next door. Then sat there as as if to say I'm not coming what are you going to do about it. So I went around the house and when he saw me he bolted for his yard. As I came back around he headed for the door. And got a surprise when he found the door closed. His look then was what the heck am I going to do now? This morning. I let him come out while I took a trash bag out. He thought he could hide behind the telephone pole. I walked over and picked up a plastic bucket and tossed at the pole. That scared him enough to bolt back in the house. He's such a stinker..
And yet he manages to still look so proud of himself! When you’re that beautiful, you can get away with a lot.
Morning....The ground is snow covered.. Going to be cold the next couple days...
He's decided laying on the bed in the evenings is better than the floor..
He's decided laying on the bed in the evenings is better than the floor..
Sigh.
Damn Whiskey, after your old man went to all that trouble to give you such an excellent safe outdoor space, WHY do you still pull this crap???
Damn Whiskey, after your old man went to all that trouble to give you such an excellent safe outdoor space, WHY do you still pull this crap???
Dear Lord, I pray he comes back okay. And that you are able to stick to this even though it is painful to do.
I can be pretty objective. He wont live long roaming outside day after day. Something will get him. If he’s to live a longer life he’s gonna have to live it in his catio. Lots of outside cats stick close to home. He doesn’t. He roams long distances. Not compatible with a long healthy life.
Evening... one more day for me. I have an appointment Friday to get my first covid shot. Then I'll do part of the shopping and finish it on Saturday.
Yes. It’s hard to predict them, but I was afraid that he’d go far after not being allowed out for a long time. That he’d get the idea that your place equals confinement. If you keep him in a long time again and then try letting him roam, he just might stay away even though it’s warm and he gets fed there. Cats can be so stubborn and independent.
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