In 2010, the year’s inflation rate was 1.64 percent. The year prior we experienced deflation for the first time in many decades, at -.34 percent. This year’s annual rate, so far, is averaging 2.14 percent. It’s not screaming upward, but it’s definitely rising. Continue reading
Why inflation doesn’t matter yet
Choosing up sides
As you consider joining your fate with others, would you rather work with a lazy genius, or an average person who won’t give up? Continue reading
Everybody has to earn a living
If you’re not rich, the point is clear. But even the wealthy must work at maintaining their wealth. While you and I toil full time at our respective means of generating an income, a rich person toils at keeping track of, and making decisions about, their accumulated assets. If they are really smart, they’ll have kept their assets in easy-to-manage categories. But manage they must. A good friend of mine once described me as a Master of the Obvious. Here I prove her point yet again. But even the obvious can have unobvious ramifications and hidden lessons of life. Continue reading
The perfect transaction
It’s not supposed to work this way, is it? Somebody has got to lose, for someone else to win, right? Continue reading