As core and food inflation is running around 16% here in the UK (which of course is an understatement), in my particular corner of London, there appears to be some noticeable fraying of the social contract with opportunist theft, public aggression, crazy driving and burglaries apparently soaring. The spontaneous outburst of rioting in Cardiff this week may well be a very unpleasant straw in the wind.
Beg to differ with Chris Demuth's assertion that oil & gas have all the necessary attributes of currencies. The biggest reason why they suck as a currency is that they are depletable resources used for consumption. In contrast, nearly every ounce of gold ever mined still exists above ground except for the small amount used for tooth fillings in people who were buried or cremated.
Suggestion: Banish "literally" from your lexicon. It usually adds nothing, and makes you sound like an 18 year old. You aren't going to snag any 18 year olds. Or younger, like our deceased buddy Jeff. https://www.youtube.com/watch?v=7ABo4_Lhqpc
The government will always choose to boil the frog slowly rather than cut the throat. Inflation can be blamed on a myirad of external causes. I borrowed as much as s I could and bought real estate. Inflation is here to stay.
I love how you poke at those CNBC just fawns over. Keep up the good work!
As core and food inflation is running around 16% here in the UK (which of course is an understatement), in my particular corner of London, there appears to be some noticeable fraying of the social contract with opportunist theft, public aggression, crazy driving and burglaries apparently soaring. The spontaneous outburst of rioting in Cardiff this week may well be a very unpleasant straw in the wind.
And now this....Are we there yet?!
https://youtu.be/tx_z0o6ObPU
Beg to differ with Chris Demuth's assertion that oil & gas have all the necessary attributes of currencies. The biggest reason why they suck as a currency is that they are depletable resources used for consumption. In contrast, nearly every ounce of gold ever mined still exists above ground except for the small amount used for tooth fillings in people who were buried or cremated.
That cup with the message at the bottom.... I'm dying.
Cathy Wood on CNBC calling NVDA overvalued had my mind in a pretzel. I was surprised to learn that word was actually in her vocabulary
Suggestion: Banish "literally" from your lexicon. It usually adds nothing, and makes you sound like an 18 year old. You aren't going to snag any 18 year olds. Or younger, like our deceased buddy Jeff. https://www.youtube.com/watch?v=7ABo4_Lhqpc
Still laughing.
The government will always choose to boil the frog slowly rather than cut the throat. Inflation can be blamed on a myirad of external causes. I borrowed as much as s I could and bought real estate. Inflation is here to stay.