There's no free lunch.
Lacy Hunt, "devastating" inflation, unaccountable Fed Groupthink, and more.
Sam: “You know what I realized trying to understand people? Don’t try to understand them. I know what I killed for and what I’d die for. You served. You do too. And every day on this job we get to see what other people would kill and die for, and I used to think it was different, but it’s not. It’s the same: love, hate, with a side of stupid.”
Brian: “You sound…”
Sam: “Old?”
You can always count on The Economist, “the suavely British-accented voice of globalization":
“A good portion of the risk that we saw during the Great Recession that resided on bank balance sheets, now resides someplace else.”
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